2007-10-08 07:04:57 · 3 answers · asked by emmanuel_desk 1 in Business & Finance ➔ Small Business
"Owning my own franchise" is a huge ambiguity. Do you want to be a franchisor of a franchisee?
2007-10-08 07:11:49 · answer #1 · answered by NC 7 · 1⤊ 0⤋
That depends on a lot of things.
If that franchise is the Nashville Predators of the National Hockey League, you can expect to lose millions.
If that franchise is a McDonalds located in a town without a McDonalds, you can make tens of thousands of dollars a year (depending on your business model for the franchise).
You need to be more specific about what the franchise is and will be.
2007-10-08 14:16:05 · answer #2 · answered by L L 3 · 0⤊ 0⤋
It depends on the situation, what company? I recommand owning a franchise over being a sole trader.
2007-10-08 14:20:40 · answer #3 · answered by -------------------------------- 1 · 0⤊ 0⤋