Month: August 2024

Running a franchise is a lot of work. Yet, a franchise can fail just like any business, and the franchisor may not readily save the franchise from failing.  Franchisees can take steps to reduce the risk of failure. Here is what you should know: 1. Research the...

Most people setting out on their franchise journey focus on startup costs, initial operations and growth potential. While those are important considerations, having an exit strategy is equally crucial. Things may not work out as expected, and you never know when you...