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August 25, 2006, Newsletter Issue #29: Starting Your Own Franchise Rather Than Your Own Business


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Tip of the Week

Starting your own franchise offers a nice way to lessen the risks involved in starting your own business. You get the benefit of an existing product, guidance on your plans and operations, and ongoing support and training. If the franchise product or service is known in your area and has a good reputation, you get the benefit of brand awareness in your potential customers. For a storefront, you might also get assistance in scouting out a good location, working with a contractor to build out the shop, getting any necessary equipment, and finding and hiring employees.



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