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

Mildred Europa Taylor Mar 19, 2018 at 02:15pm

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

Mildred Europa Taylor

Mildred Europa Taylor | Associate Editor

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

Chesa Nyama is a food franchise in Sout Africa —

Business already proven to be successful

One of the biggest advantages of buying into an established franchise is the strength of the brand and the fact that its customers are loyal. Since there is already an established Brand and Customer base, failure is unlikely when you invest in a franchise. In terms of materials, franchisors often have established relationships with suppliers for all the materials you may need as a franchise.

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