What are the pros of franchising your business?
Franchising your business could be the right next step, but what are the pros of franchising your business?
One of the benefits of a franchise, is that if you have a business that is successful that has some history behind it and you can train someone to replicate what you have been doing. You can command a franchise fee for this, meaning that you can monetise the experience and knowledge that you ave built up.
Another main benefit is that you can expand in a cost effective way.
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