Franchise opportunities exist all over the world today. In fact, franchises are essentially what the whole world is made up of if one is to truly think about all the different opportunities that exist. Considering the fact that one company alone probably has thousands of franchises already located in the United States and around the world, it is definitely safe to say that over 5 to 10 million franchise outlets exist throughout many parts and corners of the world! There are definitely advantages to owning your own franchise of a company because it is essentially like owning a smaller portion of the company itself. Franchise owners get to keep most of the profits that come into their business in exchange for usually a modest royalty fee of their profits that get sent back to the company headquarters.
On the other hand, though, there can be some downsides to owning a franchise. The first downside to owning your own franchise is that you won’t actually own your own company even though you’ll own your own store or other company location! Many people have the desire to actually open up their own store and create a company all by themselves, but owning a franchise...
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