With franchisees the opportunity needs to be taken to maintain strong lines of communication between them and the franchisor’s business. Finding good franchisees is difficult; keeping them is a lot easier.
Low Cost Franchise Opportunities
There are may franchise opportunities for people with small budgets. A low cost franchise does not necessarily mean a business with low income potential. Trawling through the franchise market, I have discovered that some of the best franchises only need a small initial outlay.
Family Business & Franchise Opportunity
When you buy a franchise business and employ family to help you run it, the business operation can be a lot smoother. Notice how I said can! When you buy a franchise opportunity, in the initial stages business cash flow can be tight. This is where sometimes family members can help out. In the initial stages some family members might be prepared to help you out at either zero or minimal wages.