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A Franchise - Your own business, but include support and guidance.
Running your own business is the dream of many, but 99% of businesses fail in the first year. This happens because most entrepreneurs just do not have the business acumen to succeed without guidance. A franchisee has guidance as part of the franchise package. Your chances of surviving your first year in business go up from the 1% of non-franchise businesses to 70%. That is the reason why the franchise business is booming.
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LinkedIn Recommendation:
Eura Unrath - Scientific Photographer at Roboto Industries - Teo wrote my business plan and found some revenue models I hadn't considered. I am looking forward to working with Teo on some of the things in the plan. Great work. Great at finding potential problems and working through to the best answer. I had a good time working with him too. If you need a business plan, Teo does a great job! - March 17, 2012, Eura was Teo's client |
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