I know you would make the same investment if it was your business I run on caffeine Boxer hair and cuss words shirt, but you have the flexibility to do anything you want to do. In a franchise business, companies will give you a clear-cut plan where you move according to their whims and fancies. When the business goes kaput, you are again down by a good amount. Staff Issues is another pain area. Since you have to do hiring as per them, you cannot cut on salaries or hire people, you think are good.
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Trust me, all of them come with huge investments I run on caffeine Boxer hair and cuss words shirt. Also, there will be times the staff will bitch to people sitting at the head office about you. You will hate your life for being so shackled where you are just a manager not an owner in your own business. There are times, the company won’t be able to give you support you were promised and you will be stuck because you are new to this business. At the end of the day, you are running a franchisee of some brands.
Again, nothing wrong with it. It just does not match my vision. It is the right business for you if you do not like to experiment or want to run a business than a startup. I mean, this is more of how you see yourself in the next 5 to 10 years than if it is the right business or not. Forex, I cannot work for any other brand and put my energy, money to promote someone else’s business. A few years back, someone lectured me about doing Amway business with him. Nothing wrong with the model, I know of people who are minting money just because of Amway but I am the wrong guy for the job.