How to Start a Franchise in 2020 – ShoeMoney

There are almost 800,000 franchises in the United States. Among those are licenses from some of the most well-known brands in the world. Franchising is one of the best ways to start a business in 2020. It mitigates some of the risk by allowing you to plug into an already established brand. This doesn’t mean you won’t fail. Look around you. Plenty of fast food franchise locations shutter their doors due to poor management. But if you manage your business well, you could be making excellent money for years to come. Today I’m going to help you start your franchise. Keep reading to find out how. 1. Balance Pros and Cons Take a step back for a moment. Is franchising right for you? The pros are fairly obvious. You already have an established brand name behind you. Thus you already have a support network at your back. And the brand […]

Read more