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Follow on Google News | Franchise Success from a Franchise AdvisorBecoming a business owner is much more than a Google search. Here are some very viable principles that work.
Many have never owned a business so their journey is overwhelming and complex. There is so much information available, who do you trust and believe? The best advice I can offer is pay attention to your instincts, expect to make mistakes, verify the information, and finally never make this decision based on your emotions. A franchise agreement is generally a ten year commitment with obligations. I guide individuals through the entire process so you can validate the information, speak with the actual owners and compare experiences before ever signing a franchise agreement. Here are some proven guidelines that make a good franchise business model: low start up costs high profit margins recession resistant passive ownership ability to hire a manager flexibility low overhead low or no accounts receivables little or no competition limited inventory non-seasonal End
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