How Franchisees operate - Advantages, Disadvantages, Fees, Limitations
Channel: Bizz Pedia
Date: 2022-10-08

The appeal of having a business has a big appeal for entrepreneurs. But starting a company from scratch carries some risk. Building brand awareness, developing operational procedures, and getting new products and services ready for the market are common starting issues for new businesses. According to research, only around half of newly founded businesses survive past five years.

You should familiarize yourself with the franchise model if you're considering creating a franchise. This educational video explains how a franchise business operates.

Attributions:
Source: https://www.youtube.com/watch?v=6lJoCeXRaUI
Created by: https://www.youtube.com/channel/UCMXGVRdv6Ee9qGu9lpBuN8Q

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