The Franchise Business Model
Establishing a new franchise company is a complex and serious endeavor. In addition to addressing compliance with the many laws governing the field, there is the reality of assisting new, inexperienced franchisees on a daily basis. You can never forget that you will be assuming the responsibility for the success of these individuals who have placed their trust in you. They are investing their savings in their life long dream of owning a business, and they are counting on you to make their dreams come true. Therefore, you must provide them with the best possible vehicle for their success. As an accomplished business person you can probably create many of these items yourself, but having expert guidance overseeing the assembly of your new franchise company greatly increases you and your franchisees' chance for success.