Franchise Advantages

Is a traditional franchise still profitable or are there advantages to a virtual franchise model? This is a subject that I have often pondered when looking at why people select the franchise route when setting up their own business. I can certainly understand the attraction of a franchise; setting up in business on their own with a lack of confidence in their abilities means that for some people, the franchise route delivers a faster start combined with a business model that is proven. Some might say that it removes a lot of the guesswork when setting up your own business, because the set-up and preparation has already been done.

I would just like to challenge that for a moment. That what is being delivered is a business that will definitely succeed as it has elsewhere, but is that really true? What is it that makes a business succeed? Can there be any such thing as a failure proof business? model and succeed? Does running a franchise provide you with an improved likelihood of success over anybody running their own independent business? [Read more…]

Return to top of page

Copyright © 2017 · iGlobal Pros LLP | Custom Web Design by Clearsense Marketing · Log in