Franchise Re-sales the safe choice when buying a business

Franchises are a middle ground for people who might be worried about taking the full risk of establishing their own businesses.

And if you choose the right franchise opportunity statistics show that you have a much greater chance of making money with only 7% failing according to a Nat West Franchise survey.

Compare this to a 50% failure rate in new businesses in the first few years of trading.

The franchise industry is worth in excess of £10 billion to the national economy and employs over 370,000 people.

Franchise re-sales because they are invariably part of an established brand with a track record are THE most risk free business opportunity a buyer can choose, not only do they have the support of a larger business but also the hard work has already been done in establishing the branch.

So perhaps buyers should look more favourably on franchise re-sales.

This entry was posted on 31/10/2007 at 10:41 am and is filed under Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.