How to Avoid Opting for a Franchise that Might not Provide the
Returns?
Statistics reveal that the chances of running business successfully are greater in case you opt for a
franchise model in comparison to starting something of your own from scratch....
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How to Avoid Opting for a Franchise that Might not Provide the
Returns?
Statistics reveal that the chances of running business successfully are greater in case you opt for a
franchise model in comparison to starting something of your own from scratch.
However, there is still a
possibility of a franchise model not providing the desired returns or not able to survive for long.
Even
though there can never be a guarantee, a little research and efforts can certainly increase the chances of
a franchisee surviving for long and providing the desired returns.
Here are a few points that can help you
out.
The Stage
Every franchisor usually plans to offer franchisees to others only after it has one or more products or
services in the market that are doing reasonably well.
For the same, the franchisor does the research,
creates the product or service, tests the same and refine, retest and improve as per the consumer s
feedback.
Once the company is sure of the product, they plan to either expa
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