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 Discussion - Franchising businesses, Oldtown, Pappa Rich, McD...etc...

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edyek
post Mar 22 2010, 01:06 AM

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Joined: Jan 2009
From: Land of the Hornbills & Land Below the Wind


QUOTE(DarkNite @ Mar 21 2010, 08:35 PM)
If the principal owner is successful why then should he franchised his business? whistling.gif
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Franchising his/her business does not mean he/she is not successful. It is merely another way to expand his/her business empire. Some people choose to franchise their business, some choose to open stores through their own funding, some choose to ask funding from Venture Capitalist, some choose to go public listing etc.

QUOTE(Jordy @ Mar 21 2010, 10:45 PM)
DarkNite,

Do you know how to run a successful business in the first place? Successful people USE leverage, while average people work like a COW and never successful. That is why not everybody can be successful because they have average minds.

Keep in mind that franchising is NOT selling off a business.
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Well said. Franchising is merely another way in expanding the business empire. Leverage is always the key to business.

 

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