This article is contributed by Tyler William.
For those looking to invest in a business, the franchise model is certainly appealing. Rather than starting a new business from scratch, a franchise comes complete with both a proven product and a popular brand.
Though there’s no denying such assets, many investors don’t realise that franchises still come with their fair share of risk. And when such risk is underestimated, it’s very easy to wind up with little other than an expensive failure. Continue reading “Seven Reasons Franchises Fail”