It can be awfully tempting to draw from your savings or access your 401(k) as an option to help fund your dream of franchise ownership and continued growth, but before…
The decision to buy into a franchise opportunity with a proven business model and product or service offering is appealing to people looking to be their own boss, but want to reduce the risk they’re facing.
Franchisees get a lot of support from franchisors and other franchisees that entrepreneurs running independent businesses don’t.
However, there are over three thousand franchisors in the United States that offer a franchise opportunity. Most service and retail industries actually having several options. These options range in price, business model, requirements and many other things that should factor into your decision.