A Franchisee is an entrepreneur without an abundance of risk. This is due to the fact that they are buying into an already established and proven concept, one that has made it past those crucial first 12 months whereby 80% of businesses fail. Not to mention the prebuilt customer base which would make it more […]
Franchisors have an established concept, one that has successfully survived and thrived in its respective industry. Selling your franchise is a relatively risk-free method of expansion that is also cost effective. It allows you to expand while gaining a larger global consumer-base. Adding On, you’re not simply investing in other countries, but investing in people […]
You’ll do well to decide in advance what type of person you want to own your franchise. That decision, in the case of multi-unit franchisees and sub-franchisors, will not be difficult.
Don Boroian, Francorp Chairman and founder, recently was a guest on the CEO Roundtable Show hosted by Jason Garey and Kevin Dunn.
When it comes to growing your business, franchising can be a practical means of expansion. You spent years building your business. You risked your financial security.