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FRANCHISING COULD BE THE OPPORTUNITY FOR YOU!
ONE alternative to starting your own business is to find a small business franchise opportunity. Franchising is a way of setting up in business with a head start. This way you run the business, but you enjoy the support of an established business and benefit from tried and tested operating models.
You pay the franchisor - the business you're working with - for a package that gives you an exclusive 'territory', using its brand name, technology or products and business model for an agreed period - five years for example - on a renewable contract.
Once accepted as franchisee you get technical and/or business training, operating manuals, often marketing help and sometimes accounting or other admin services. In return, you agree to run the business according to the franchisor's standards.
Franchising is growing fast. It's proven to be the safest way of starting your own business and nine in 10 franchisees say they are making a profit.
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