Forums: Discussions for entrepreneurs and small business.

The biggest problem with Franchises is that you are restricted by their  business model, it may be good but sometimes you are not able to do much.

Some franchising companies have different business model but before engaging to them, you should check what suits or best for you. It's a matter of a good choice.

[quote]Franchising is one of my plan before the year ends. I think it's good to try and start from scratch.[/quote]

Hi,

I think that would be the best thing you can do now before starting the new business..

Good luck..

One extremely important factor to consider when looking into a franchise is, what is the expected investment of time per week, and what is the projected level of income. Even a franchise operation that offers a well-known brand name and a comprehensive support system, will still require a lot of effort on the owner’s part to open and operate, and a considerable amount of time may pass before the owner breaks even on the investment. This holds even more true for a lesser known brand, with weaker support.

hey garbs!!

you are a CA right??actually i wanted to know what are your intersets in business field so that i can help you to a better extent.So please if possible posts your interests here

Corporate Leaks

This is an amazing idea. I am really agreed with you. If any body start own business and have a many afford for wonderful growth of his business and he got an award for achievement then he will be good feel.

Franchising would be your better option, since you no longer have to start from scratch with letting the people know what service or product you are offering. If you start anew, you'll have to put in a lot of effort and money on advertising and things like that.