Keith Gilabert, "Alternatives to Owning a Franchise"
by keithgilabert, Window Shopper
- Created: April 2, 2013, 10:26 am
Owning a franchise takes a great deal of financial equity and responsibility. This is something that many people are ill-equipped to handle even though they may want to own the franchise. On the other hand, a franchise partnership may be just the option that that is right for you. As in any partnership, a franchise partnership relies on both people being involved in the business. This spreads the risk substantially and it will give both partners an opportunity to learn from new aspects of running a business. Of course the profits are split in half too but considering the failure rate of franchises partnering is a safe alternative. In the end, what typically kills a franchise is not absolute failure but poor profits. I hope this helps! Keith Gilabert
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