Franchising Tips For Entrepreneurs

MarketWatch:

Purchasing a franchise business has proven to be a smart business idea for many entrepreneurs pursuing the American dream. Entering the franchise arena isn’t without its risks, so it pays to carefully consider these franchising tips for deciding if it’s right for you.

“Purchasing a franchise operation with turn-key components can be a sound business decision for many entrepreneurs seeking to own a business, especially those desiring sales and operations support,” said Tiffan Clark, Marketing Vice President of JumpStart Inc., the venture development organization behind IdeaCrossing, a free online resource that connects entrepreneurs with investors. “But it’s important, as with starting any business, that the entrepreneur does their research and becomes an expert in that area. Franchisees aren’t immune to the common startup pitfalls that plague most entrepreneurs.”

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