Posts Tagged ‘franchise success rate’
Franchise Ownership Myth: The 95 Percent Success Rate
August 27th, 2009 | 
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Franchise ownership myth
I just read an article posted by Joel Libava (The Franchise King) about not including buying a franchise as a backup plan after someone is being downsized.
Unfortunately, I do heard stories of people who put buying a franchise in the top list of what-to-do-after-you-are-being-downsized – I agree with Joel: Franchising is not for everybody. How people are being misled? The culprit is the widespread belief that buying a franchise gives you a huge opportunity to succeed – The coveted 95% success rate.
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