Franchising Myths

Filed in archive Biz Opportunities on August 7, 2009

© chego101

I saw an articles recently on myths many business people have in their heads regarding franchise businesses. They're the kind of myths that prevent people from getting into a franchsie.

The author is Terry O. Powell:

As a 25-year veteran of the franchise industry and a multi-brand franchisor, I've seen tremendous growth in the popularity of franchising. However, a number of misconceptions about franchise ownership still exist, and if you accept them at face value, there's a good chance you'll be robbing yourself of an opportunity that can be not only financially rewarding, but also personally satisfying.

One myth: you can only be successful if you find the "right" business. Another myth: you can't go into a business you know nothing about.

There are six others. And you can read them here.