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Posts Tagged ‘franchising’

Buying a Franchise – A Good Way to Network and Get Some more Business

Schmooze your business colleaguesPeople tends to forget the essence of franchising – No, it’s not getting a proven system in exchange for a franchise fee and royalty – it is a definition of franchise.

The essence of franchising is networking.

That’s why owning a unit from a franchise that only has 5 units in total is not recommended – it’s even an absurd way to enter franchise industry.

A franchise true power is the ability to network with other franchise unit owners –…

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Buying a Franchise – If You Think Owning a Franchise Unit is Easy, Think Again!

Buying a Franchise - If You Think Owning a Franchise Unit is Easy, Think Again!I owned several local franchise units. To tell you the truth, the first time I buy a franchise unit is my effort to cut my way into entrepreneurship. I thought it was easy. It’s not.

I learn franchising the hard way. Many people, just like me, buy a franchise unit with a wrong reason – mainly, they want to take a short cut into the world of entrepreneurship and to live an American Dream – fast cars, house with pools,…

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