Investment Updates
To Buy Or Not To Buy: That Is The Business Franchise Question
Published Sunday, November 30, 2014 at: 7:00 AM EST
Ever think about buying a business franchise? There are as many good reasons for not doing it as there are for taking the plunge.
Franchises are everywhere. There are literally thousands of franchises available in the United States, from Subway, McDonald's, Wendy's, and Burger King to Jiffy Lube, Good Feet, Yum Yo's Yogurt, Ace Hardware, Domino's Pizza, Real Property Management, and Merry Maids. Some franchises cost a ton of money, while others are relatively inexpensive. And there are franchises for almost every type of business, from fast food to fancy cars.
So how do you choose one that's right for you? Carefully, very carefully. First, you must do a tremendous amount of research into the available possibilities. Owning your own business can be very rewarding, but be sure you know what you're getting into, because it also can turn into a nightmare.
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