Investing in a Study Abroad Franchise – How Pragmatic?
Most of the entrepreneurs of today’s era or the budding ones will by and large agree if we say that taking up a Franchise is more beneficial and safer rather than investing in an independent venture. The branding of a franchise can serves as an advantage before and after you invest, irrespective of it being on the local level, international level or somewhere in between. Through a pre-existing knowledge of what to expect from that brand, familiarity can help you develop a customer base because of potential patrons. The following points outline some of the key benefits of purchasing a franchise business in terms of why the franchise route is often considered more secure or less risky, over a traditional independent small business: • Established brand • Proven business concept and operating model • Established operating policies, procedures and standards • Lower statistical risk of failure • Established customer base of the franchise • The franchisor’s On-Going S