Financial Post:

Franchising is frequently touted as a preferred investment for thousands of entrepreneurs seeking to become business owners, but owning a franchise comes with upsides and downsides, all of which warrant consideration.

The benefits of becoming a franchisee are numerous and, in many cases, self-evident. Buying into a franchise system (especially an established one) can be a safe and fast way to become a business owner, or at least safe and fast compared to starting a business from scratch. A franchisee will also gain the fruits of the franchisor’s experience, including having already made mistakes. Tapping into a brand that has already encountered its share of successes and challenges is instructive for any new business owner.

Continue reading.

Originally posted by Cris Zimermann on May 9, 2012 in Franchise Site.

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