‎Post-Bulletin:
In the past couple of weeks I have been asked to address the concept of buying a franchise vs. starting a business from scratch.
First I will start out with this statement: Owning a franchise is often depicted as being in business for yourself, but not completely alone. A franchise owner works under a proven successful business structure. They also have access to proven operational and marketing strategies and the franchisor’s institutional guidance.
But franchise ownership isn’t an easy shortcut to success. As with any other kind of small business, it’s up to you to commit the finances, time, and effort to meet both the franchisor’s goals and your own. That’s why it pays to weigh the pros and cons of franchising to make sure it’s right for you. Read more.
