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What Are the Advantages and Disadvantages of Becoming a Franchisee?

What are the advantages of becoming a franchisee? Your services and products will already be known to your potential customers because you are becoming a part of an already established brand. Your systems and methods of operation have already been proven by the success of the franchisor and previous franchisees. You will not

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How to Decide if a Prospective Franchise is Profitable: Looking at the Numbers

First, you need to remember one crucial fact.  Profits and sales are not the same thing.  A franchise with a higher ROI (Return On Investment) percentage might be better in the long haul than a franchise that initially costs you more but brings in a bit more net sales.  This

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How to Decide if a Prospective Franchise is Profitable: Using Publications

If you decide to look into major industry journals during your research into which franchise will be right for you, there are two that publish their own rankings of the franchises at the top.  Entrepreneur and Inc. have a reputation for extensive details on the companies they analyze, as well

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