How franchising helps start-ups?
Answers
Hii Friend here is ur answer
When you mention startups, most people think unique, fresh ideas, not an established franchise. But the terms “startup” and “franchise” make a great combination. Restaurants, salons and retail are the types of businesses most people associate with franchise opportunities. But there are fresh new franchise opportunities arising every day.
Many of these new franchise opportunities are born through the creative entrepreneurship of small startups. The home service industries are gaining lots of momentum in the franchise arena. Franchises that offer a higher level of convenience, especially to homeowners and the aging boomer generation, are especially popular. Home care,
cleaning services, junk removal and mosquito control are some of the kinds of businesses you’ll find at the top of the list in the Franchise Business Review.
1)Quick Startup
2)Guidance and Support
3)Immediate Name Recognition
4)Less Risk
5)Scalability
Hope it helps u ❤❤❤