Tuesday, April 2, 2013

Franchise Partnerships

By Keith Gilabert

Owning a franchise can be an endeavor that is only taken on by a few because there are so many responsibilities and the risk can be substantial. On the one hand the franchise owner is responsible for all aspects of the business franchise, which could be considered a good thing, but on the other hand he is also responsible for personally financing the whole franchise. There is definitely no way around the personal and financial commitments that a franchise owner must make, to start an established franchise in today's market can cost up to $5 million. For this reason there are plenty of entrepreneurs who actually decide not to own a franchise in the end, but they rely on another technique to acquire the franchise that they want:

The Franchise Partnership.

Read more:
Keith Gilabert, "Alternatives to Owning a Franchise" | SBA.gov

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