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Is Your Business Ready for Franchising: What You Need to Know

Franchising is another excellent form of business expansion. Unlike when you branch out, where you have to invest in a new location, franchisees do all the work. They are highly motivated to perform well, fostering faster growth for a franchisor’s business. There are about 773,603 franchise establishments in the U.S., according to the 2019 Statista data. …

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