A recent study conducted by a well known and respected business consulting company has found that the success rate of franchised businesses was greater than the success rate of small businesses. In fact, 91.2% of franchised businesses were still operating 2 years after they opened which was 42% higher than non-franchised small businesses!
There are numerous advantages to owning a franchise as compared to starting a small business. There is a proven business model already in place, brand awareness is already in place, and extensive training and support are offered by the franchisor. These are just a few of the many benefits to franchise ownership.
Kensington Company & Affiliates can help you decide if franchise ownership if the right dream for you to pursue. Come see us for a FREE consultation and learn all about franchise ownership!
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ReplyDeleteSuccess and failures are the small and simple words, but getting success is not an easy task. We need to do the lot of things for achieving it. When compare to the business which are having franchise and with out having franchise, franchise business is getting high income and popularity.
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