Is Franchising The Future For SMEs?

Virtual Entrepreneur:

It is a common scenario, one wanting to have it all at once or someone wanting to own a successful restaurant that makes the best burgers in town or has the best coffee on that street.

Whether its Wool-worth’s, Steers or even a Chicken Inn outlet, more investors are on the lookout to owning a flourishing business in the city.

However, with most small restaurant and shop owners reluctant to sell off their much worked for businesses, franchising is an option, but only a handful of them take that route.

Most want to build their own brand.

Walking to a clothing store and liking the brands and immediately thinking of owning one is one of the ways people get the idea of owning a business especially when it involves a top-notch brand.

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