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Would-be entrepreneurs who lack a lot of business experience or ideas can consider investing in a franchise as a good start. Among the benefits of franchises:

Like all endeavors, there are also a few risks. With franchises, they include:

Doing research prior to investing in a franchise is important. Here are a few tips:

For more information on franchises, try the following websites:

http://www.franchise.org/

http://www.franchiseek.com/USA/Franchise_USA_Statistics.htm

http://topfranchises.franchisebusinessreview.com/category.php?gclid=CM-JtuSPqbECFQI1hwodtQoAcg

Many thanks to David Long for contributing to this week’s blog post. David is a Liquidations Analyst in the Liquidations Department at CDC Small Business Finance.

← Back | Posted on 8/03/2012

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