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Article added or updated:
09/05/2011 |
Pros & Cons of Buying A Franchise
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| From Darrell Zahorsky
Buying a franchise is an option considered by corporate
employees experiencing downsizing or unfavorable work conditions. Before
you take the leap, your About.com Guide for Small Business Information
has assembled the pros and cons of buying a franchise.
The International Franchise Association says, "Industry analysts
estimate that franchising employs more than 8 million people, a new
franchise outlet opens somewhere in the U.S. every 8 minutes, and
approximately one out of every 12 retail businessestablishments is a
franchised business ." The boom in franchising should continue with aging
baby boomers, growing work dissatisfaction and large severance packages.
But is the franchise option for you?
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| Pros of Buying A Franchise
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