It’s no wonder that restaurant franchising is so popular — franchisees buy into a proven business model with built-in branding, training and production methods, and (hopefully) a solid customer base. While restaurant franchising helps bypass many of the struggles that come with developing a new business from scratch, it’s not without its own set of…
Franchisees, or owners that are allowed to operate one of these restaurants, will need to have a lot of upfront capital to own a franchise. For example, if you want to own a franchise of your own, the following is the average cost for owning one of the following: You’ll need to have the initial…