When business is good and the franchisor-franchisee relationship is positive, the contract doesn’t matter. If things goes south, it’s all you have. Too often franchisees are so caught up in the struggle to make their business profitable and keep it going, that they put off addressing core problems involving the franchise. They just cannot seem to find enough time to deal with difficult underlying issues.
Franchising Myths & Realities
Any business concept can be offered as a franchise, but a lot goes into a successful business. Franchises can offer a better chance for success only if it gives you more than you would have doing it on your own. Sometimes the only real value to buying a franchise is that it commits you to following through on the process of preparing and starting a business.
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