• How to Buy a Franchise
    The first mistake people make when buying a franchise is assuming they're buying a business. They're not. At least, not in the traditional sense. When entrepreneurs purchase an independent company, they acquire assets, customers, systems, and history. When they buy a franchise, they're purchasing something more nuanced: the right to participate in a system someone else has already built....
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  • What Is a Franchise Fee?
    Every business opportunity has an admission price. Sometimes it's obvious. A storefront lease. Inventory. Equipment. Staff. Sometimes it's hidden behind a more abstract question: What exactly am I paying for? That question surfaces almost immediately when prospective franchise owners encounter the franchise fee. They see a figure—$20,000, $40,000, perhaps $75,000—and wonder...
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