When deciding to buy or create your own franchise
venture you need to know some very important key factors that will help you be
safe and avoid foolish mistakes. Remember most mistake can be corrected, but I do
recall that there are some that are just not correctable so do your research
when going into the franchising industry. The first things you need to do
before you making any decisions are to find out what is the upfront cost.
After determining the initial cost you should find
out what other cost will there be. Don’t forget you will have to pay for equipment,
property rental and of course those annual franchise fees to the franchiser. Most
people are unaware that franchiser may make
money by owning their own business model its self. So when the franchiser sells
to you the model you then will have to pay a fee too that owner for using the
business model along with the trademarks, copyrights & more.
To Learn more about franchising>>CLICK HERE
To Learn more about franchising>>CLICK HERE
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