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  • Investing in a franchise instead of starting your own business.

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Investing in a franchise instead of starting your own business.

Building your own business might sounds like a good idea, but not everyone got the skill to starts and develops and continue the business for a long term. Investing in a franchise have a lot of benefits that you can’t find in starting your own business. Written in collaboration with F45, here’s the reasons of why investing in a franchise is much better instead of starting your own business. 

- Strong business foundation already in existence
Things that new business owners worry about, such as the brand, customer base, and marketing are already established in a franchise.

- Training and support received
Starting your own business, will require you to learn everything through trial and error. Not like franchise, franchisors provide ongoing training and support to new franchises. Your franchisors will give you access to their structure of how to launch, operate, and grow your new franchise. 

- Product already in demand
When you starting your own business, you will have to spend time and money trialing, developing, or improving your products or services. But if you investing in a franchise, you’re marketing a product or service that’s already in demand. 

- Easier access to financing
Banks are more likely to provide you funds when you’re investing in franchise than starting your own business. If the franchise is reputable and successful brand, banks has better chances of getting its money back.

- Exclusivity
Investing in franchise, there will be limits on the number of the stores within an area. Your franchisors will also have done research on the area before your franchise is approved, which should give you confidence that there is a need for your product or service in your location. 


By joining a franchise, you don’t have to go through many challenges that start-up business tend to experience. 




http://bit.ly/Investing-in-a-franchi...r-own-business
Diubah oleh ElmiMufidah 07-10-2019 12:13
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