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We all know that is an inordinate way to start a novel business. Yes, it’s true that the primary cost of a franchise is usually more than any non-franchised novel business. It makes sense that a franchisor would necessitate being rewarded, both primarily and on a constant basis, for their training, consultation, assistance, and guidance. And, think of, the franchisor is permitting you to use their established business model for your own personal advantage.

But usually, in the long run, a franchise can be much less pricey to start and grow than a non-franchised business due to functioning efficiencies, defined procedures, and the publicity clout that the franchise name conveys. Furthermore, many studies have shown that the achievement rate of a novel franchise five years down the road will far surpass that of any novel non-franchised business.