Key Takeaways
High Success Rates: Approximately 90% of franchise businesses flourish within their first five years, a stark contrast to the 70% success rate seen in independent small businesses, highlighting the advantages of the franchise model.
Importance of Location: The success of a franchise is heavily dependent on its location, as foot traffic and customer demographics are crucial in drawing in clientele.
Franchisor Support: Continuous support, including ... #StartupBusiness #achieve #Discover #Franchise #franchisebusinesssuccessrate #growth #Secrets #Success #Sustainable #Unlocking
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