Investing in a franchise can require significant up-front costs. Such fees may deter some entrepreneurs worried about recouping their money. To address this concern, some franchises have begun implementing lower fees to help investors become profitable sooner. So when evaluating businesses, compare typical costs such as: Initial Investment: This amount can vary based on the …
May 6, 2019
Technology has revolutionized the franchise industry. If you’re considering investing in a franchise, make sure it leverages the latest advances to benefit owners and customers. Here are some tools to look for: POS: Some franchises go beyond the basics and combine their technology with marketing systems that drill down on guest visits and drive efforts …