“How much can you earn as a franchise business owner?
By Les Christie
NEW YORK (CNN/Money) – The people who consider buying franchise businesses range from laid-off managers to ambitious entrepreneurs.
‘The restructuring of our economy has caused a lot of angst,’ says Steve Hockett of FranChoice, a franchise business broker. People laid off from long-term jobs don’t want to go through that again. Their attitude, according to Hackett: ‘I want my success to depend on me.’ ”
– Can you make money in a franchise? Tough question. I am of the opinion that if you want to be your own boss but don’t expect to have to innovate and only follow a plan that someone else has set up then a franchise is for you. I suspect that most franchise owners are former employees looking for another way rather then true entrepreneurs. -ed.