Is a Franchise Right for Me?
|July 31, 2008||Posted by Business4Moms under Business Ideas||
A franchise is where you “purchase” the opportunity to open a business that is associated with a company.
Most fast food restaurant chains both own some locations and franchise others (such as McDonald’s.) Now, many other types of companies offer franchise opportunities such as clothing, audio/video, health clubs and more. Although the actual franchise would be located outside your home, the franchise office could be located inside your home.
A franchise can be more costly to start up than say a MLM or Internet based business – but typically, a company won’t let you start unless they have done the math and there is a good chance of your success.