Daily Archives: January 21, 2007

Should I Franchise or Build My Own?

The Small Business Administration reports a first-year failure rate of over 30 percent for independently owned, non-franchised business. The flip side of that is the statement by the U.S. Department of Commerce that annually since 1971, less than 5 percent of franchise outlets have failed. Not to mention that nearly 50 percent of all retail sales in America come from franchising.

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