Buy a Franchise or Start a Business?

A concession business is certainly safer than U.S. and opportunity according to Trade Ministry figures. This study, conducted over 7 years and revealed that after seven years, more than 90% of new concessions are still in business, compared to only 20% of new individual start businesses.
most the people who did not start a business itself, does not end until Lose a lot of money. I wish now that this is a painful reality, but it is true!
if you start your own business, you have to take all decisions concerning the location, design and create the workplace and to vet all suppliers.
with a commercial concession, the concessionaire will advise you on all of the above. In fact, so you may find that asking you to locate your business, the World Health Organization and your suppliers in the pre-selection and election designed layouts.
a business gives you the consistency and quality of excellence throughout the province. This leads to higher levels of customer satisfaction. The franchisor, training and full support in business management. If desired location, the concession granted will assist in selecting the site that meets the requirements for the demographic product.
a business start-up to learning from experience and mistakes to reach a formula that works. They have no support or training in business management opportunity. Do you if anything wrong, in most businesses, but, after that and have no one turn to for advice. It is an advantage that no one is above looking back, and tell them what should be done and how to conduct business.
the concession of the benefits of national marketing, which has spread among all owners of the concession, and enhance economies of scale. New products can be tested in some regions before the start implementing nationally.
a new business will have an impact on any new products with its own capital and take the full brunt if the experiment failed!
the relationship between the franchisor granted and well balanced. Both parties need to each other to survive and create profit. Ongoing support and training available to those who usually struggling owners of the concession. Result of the high success rate, banks tend to provide a higher percentage of start-up costs in the business of election and then they start an independent. They are also more likely to give additional time when required.
if more money you have decided to go down the road and then the concession, it is important to choose the election that is best for you. Do not go for the opportunity that will make you more money, instead, choose business specialized enjoy.
decide you how you have capital to invest, and then choose the most appropriate opportunity concession that the style of your life. Determine the number of hours of work you want and how many staff are able to handling.
once until you think you have to buy the election, and always have a contingency fund as there are always unexpected costs that arise in the first years of operation business.
if you decide to go alone, make sure From talking to other people operating the same kind of business in other parts of the country and benefit from their experiences. You& 39;ll find other companies in the same field as I was more than happy to part with their experience as soon realize that you will not compete in territory.
make you are sure to take professional advice before deciding to grant concessions to follow up on the road, or business start your own.
naz Daud is the founder citylocal. These actions are the concession opportunity for people who wish to work from home and be boss.
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