Should you use a ready-made business model or reinvent the wheel? According to statistics, out of 10 independently launched businesses, only 3 survive, while with franchising, the 'survival rate' increases to 8 out of 10. Franchising has long been recognized as an effective business model, significantly reducing entrepreneurial risks.
We have prepared useful information on franchising that will come in handy if you are considering buying a franchise business or developing your own business through franchising. The material is used with the permission of Belfranchising.
For convenience, all the information is divided into three sections:
