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[Money Monday] Why you should buy a franchise instead of starting your own business

March 19, 2018 at 02:15 pm | Money Moves

Mildred Europa Taylor

Mildred Europa Taylor | Staff Writer

March 19, 2018 at 02:15 pm | Money Moves

With franchising, you avoid many of the struggles small businesses usually go through --- The Balance

Many of us want to start a business, but we probably do not have the needed expertise or natural ability to ensure its success. Even if we are able to start that business, we tend to get frustrated in the long run as people are very careful when identifying with new products and services. And that is where franchising comes in, where you join a stable business and graduate to the top. You essentially avoid many of the struggles small businesses usually go through.

Here are some of the reasons why you should buy a franchise instead of starting your own business:

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