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Old 13th April 2019, 08:38 PM   #1
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Join Date: May 2010
Location: Detroit, MI
Posts: 1,281
Default Signs That A Franchise Is Growing

Buying a franchise is an excellent way to start a business, especially if you havenít had business experience in the past. Many successful business owners of today started their journey by buying a single franchise unit and becoming a multi-unit operator or, in some cases, the owner of an entire regionís units. Investing in a franchise enables you to leverage the proven business that someone else has created without having to reinvent the wheel, in exchange for a small commission. It also reduces the risk of failureówhen you consider that a large percentage of small businesses fail within their first three years of existence, investing in a franchise is definitely a safer choice.

While investing in a franchise is safer, it does not eliminate risk completely. There are examples of franchises that have gone out of business and left the franchisees unemployed. It is important that you do your homework before investing in a franchise model by talking to existing and past franchisees. Doing so ensures that you have a better idea of what you can expect after investing your hard-earned money. One of the top global fitness brands, F45 Training, asked us to tell you about the five signs of a good investment opportunity that you should consider before you buy a franchise.

Read more - http://www.smallbizviewpoints.com/20...se-is-growing/

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