Franchising Myths

Franchising Myths
© 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.

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