Avoid These Pitfalls
When it comes to franchising, you hear more often about the successes than you do the failures. But the truth of the matter is that even though investing in a business with processes in place and a recognizable brand name can lessen the chances for business failure, franchise failures still happen.
According to the franchise community, there are a number of reasons why franchises fail. Whether you’re thinking of buying a franchise or already own one, take care to avoid these 10 factors that can lead to your company’s untimely demise.
— Sara Wilson