Are you considering business or franchise ownership? The franchise industry consistently creates over 200,000 new jobs annually. With tens of thousands of new franchise businesses opening every year, you’d think it’s easy to succeed here, right? Um… Not necessarily.
Is Owning a Franchise Easy?
Franchise businesses face the same challenges that any small business owner must overcome. There are up front capital costs, marketing choices, people to hire, and the myriad of administrative tasks that can become pitfalls. Franchises are locally owned small businesses that just happen to follow a proven business model.