New or old franchise network

Re: New or old franchise network

Do you still own it? Have you been successful with it? Just was curuios.

Re: New or old franchise network

No I do not think the franchise is still around at least I cant find it online. It just did not generate enough revenue for what we put into it. It was a waste of $15,000 but it did teach us about the need for more due diligence before we purchase another franchise.

Re: New or old franchise network

Unfortunately some of the best lessons are learned through failure look at Abraham Lincoln:

• He failed as a business man - as a storekeeper.
• He failed as a farmer - he despised this work.
• He failed in his first attempt to obtain political office.
• When elected to the legislature he failed when he sought the office of speaker.
• He failed in his first attempt to go to Congress.
• He failed when he sought the appointment to the United States Land Office.
• He failed when he ran for the United States Senate.
• He failed when friends sought for him the nomination for the Vice-Presidency in 1856.

I hope this has provided you some inspiration - Good luck on your new venture

Re: New or old franchise network

Interesting quote on Abraham Lincoln I never saw that before. I think for most people the best bet is to go with an established Franchise where you can test their model and look at their track record for success. Otherwise you are nearly running the same risk as starting the business yourself and why pay extra for it.