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FRANCHISE (PROS (HELP FROM FRANCHISES (The BRAND NAME
but it depends from…
FRANCHISE
PROS
The most important thing is to value whether this particular franchise has a business model that you need.
The information about the franchise can be easily found out through the existing franchisors or their competitors.
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CONS
COMPETITIVENESS?
EXCLISIVITY
It is important to know whether your competitor's franchise is located near your potential franchise or not as it might cause the lack of exclusivity.
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CONCLUSION
Buying into a franchise could be a great deal for people who are out of experienced but they should be ready for many things like paying fees or uniformity.