Is it better to purchase a franchise opportunity or start my own business?

» Posted by on Mar 23, 2016 in FAQ | Comments Off on Is it better to purchase a franchise opportunity or start my own business?

Answer: Based on the studies performed by the United States Department of Commerce & NatWest/BFA, the bulk of franchisees are still trading successfully after 5 years. Everyone understands that most of individuals who start in business by themselves, I am unfortunate to state, wind up failing within the first 3 years. When you buy a franchise company, in return for a franchise cost, you receive training and ongoing assistance. You likewise benefit from the understanding that the franchisor has gotten over several years.