10 Steps to Becoming a Successful Franchisor

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Small business owners often think about franchising out their model in hopes of reaping great returns. However, for every successful fast-food, hotel or daycare franchise, there are scores of others who failed to have the proper measures in place to become a successful franchisor.“It’s harder than people think. You need a large amount of royalties to make you successful,” saysJaJa Ball, president and co-founder of Colbert/Ball Tax Service.

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