[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 | Associate Editor

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

Workers in a factory — Unilever Bangladesh

Less Risk

Starting a business from the scratch exposes you to more risks than starting a franchise of an established brand. With reduced risk, you can also concentrate on improving your operations while the franchisor spends the time and resources researching and developing new products.

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