I'm interested to start a non medical home care business. I've googled about it and some companies offer franchising. Is it good or starting from scratch is better?
2007-07-25 06:54:08 · 1 answers · asked by tagamargos 1 in Business & Finance ➔ Careers & Employment ➔ Health Care
Franchises are typically better than going it on your own because the franchisor has worked out a systemized approach to the business and can teach you that so you don't make too many missteps in building your business. This ensures your success.
The trick is to find a reputable franchise, that is within your budget and meets your expectations for income generation. For instance, I have a franchise business that focuses on nutrition, cosmetics, personal care and web products and everything has been systemized for me and I can be assured of success within two to three years.
As a startup, and without franchising, expect your business to take 5 years to reach the income levels you want. And you may still fail after 5 years. Franchises will typically shorten the time to reach your expected income levels and it ensures success.
2007-07-25 07:29:03 · answer #1 · answered by livemoreamply 5 · 0⤊ 0⤋