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Franchising is a good way to start a business without going through the labor pains of being a startup. Before you say yes to one though, you might want to sit down for these franchising basics. What skillsets should you have to own and operate a successful franchise? How do you find the right business? What does a real and proper due diligence process look like? How much does it cost to own a franchise and what can you expect to see in return? Does it cost more to open a household or a well-known brand? Does it cost more to open up an emerging market or an emerging brand in one of those markets? In this interview with Joshua Rhodes, franchising consultant, Kim Daly takes her expertise in the field to answer these questions for you.
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Franchising is a good way to start a business without going through the labor pains of being a startup. Before you say yes to one though, you might want to sit down for these franchising basics. What skillsets should you have to own and operate a successful franchise? How do you find the right business? What does a real and proper due diligence process look like? How much does it cost to own a franchise and what can you expect to see in return? Does it cost more to open a household or a well-known brand? Does it cost more to open up an emerging market or an emerging brand in one of those markets? In this interview with Joshua Rhodes, franchising consultant, Kim Daly takes her expertise in the field to answer these questions for you.