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Keith Gilabert, "How do I choose the right market to open a franchise?"
by keithgilabert, Window Shopper
- Created: February 18, 2013, 2:35 pm
Do your homework when starting a business. You can have the greatest business
plan but if the market does not need it, the business venture will most
likely fail. Analysis of the market is essential to determining its size and
competitiveness. For example, if a franchisee selects a shrinking or
saturated commodity in a highly competitive market they have less probability
of being successful.
I will post additional tips later on this site.
Good luck!
Keith Gilabert
SBA Community
