Startups vs. Franchise Businesses

Many entrepreneurs interested in small-business ownership are often drawn to the appeal of startups. Business ownership, like many aspects of life, must be weighed with a risk vs. reward mindset. For some entrepreneurs, the risk of failure can be its own appeal. They want the challenge and overwhelming freedom to try, regardless of the potential risk. However, most entrepreneurs, and most people in general, are risk-averse. The prospect of undertaking big decisions like business ownership on their own can be a daunting one. There is value in both the franchising and in the startup model, but key aspects of franchising can make it a better route for the majority of entrepreneurs looking to go into business ownership.

Learn about the risks, and the rewards, of franchise ownership today by reading my article on Entrepreneur at the link below.