Originated From
ArticleAlley

Would franchising be a better option than starting ...

Would franchising be a better option than starting your own business from scratch? I'm thinking that with franchising, you're running the business with a guide on hand and if you're a franchise holder of a popular name, advertising or branding isn't a big concern anymore. 

Liked this question? Tell your friends about it

3 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

Well, franchising is really great. That is because you have already the model to follow. All you have to do is to follow.

Actually, it depends on how much you know about the business you want to start and how much money you have. If you do not know anything about the business it would be best to work for someone else in that business and see how it operates and whether you like the business and the type of people you would be working with. If you know the business you can start your own while avoiding the high costs of purchasing a franchise and having to live the constraints and control the francihser will force upon you.

not all franchising goes well same with starting your own business, your business success would still depends on how motivate, effort, work and plan you're gonna implement to make it run smoothly

<a href="" rel="nofollow" cl="http://www.sfbc.com.au" class="comlink">Business Coaching</a> Sydney | Talk to a <a href="" rel="nofollow" cl="http://www.sfbc.com.au/find-a-business-coach.html" class="comlink">Business Coach</a> online now

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: How business process management can helpful for ...

Business Process Management

Asked: How can I choose the best franchise business to ...

How can I choose the best franchise business to get myself into the field of business?How does the process work in purchasing a franchised business?

Asked: Business Franchise

What is the best way to shortlist a franchise?

Be The First To Answer

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

More Questions

Franchises that endure?

Contact with given link and know more about most profitable franchises- http://new-business-franchise.com/

Franchise information

Go for the right business Understand business strategies of your franchisor Do not forget to seek professional help

Poorly run franchises

Franchises work by maximizing profits for large companies by having somebody else pay for the starting of a business, and in turn offering the franchisee proven systems of success and a name brand.

What are the options to be selected from a bank for better investments

During my regular reading of topics related to banking, I have come across different services in business investments i.e. portfolio management, advisory services, systematic investment plan, custody services and fund management. I feel you should check out these services for sure.