Both options have its own pros & cons, you have to take the final decision.
Owning a business is a journey and a learning experience - the learning comes at a cost - how to start a business, which equipment to buy, what marketing strategies work, how to hire and train ppl. So as a first time business owner you can learn the art of these steps through experience (again you might get advice from others) or learn from others’ mistakes and not repeat them (franchise route)
Doing franchise is not a
Great answered well but at the time of starting a business from the ground up, there’s a good chance that you’ll go through a lot of trial and error, whether it’s figuring out the best way to set up your store or how to most effectively market your products. Unfortunately, some of the errors during the course of this process could sink a small business. With a franchise, all of this has been figured out. You can just follow guidelines and avoid unnecessary trial and error.
Thanks for the great answers however don't you think buying a franchise will be much easier and less expensive to attract customers with a brand that’s established. You’ll also benefit from any national advertising campaigns that your franchiser is running. New businesses have to build their brand from the ground up.
What's Your Point of view regarding this aspect???
I would go with my own business as Franchise would take our credit and a royalty through our hard work. Why should I give them so ?Its always better to start our own business.
Comments (31)
Luv S.
6
Sr.Content & Social Media Writer
Ankita You are a rock star that's what I was waiting to hear.
Ankita Sharma
2
Medical Practitioner
Both options have its own pros & cons, you have to take the final decision.
Owning a business is a journey and a learning experience - the learning comes at a cost - how to start a business, which equipment to buy, what marketing strategies work, how to hire and train ppl. So as a first time business owner you can learn the art of these steps through experience (again you might get advice from others) or learn from others’ mistakes and not repeat them (franchise route)
Doing franchise is not a
PRAKASH UPRETI
11
SOCIAL MEDIA MANAGER/ CONTENT
yes sir I do have the same thought
Luv S.
6
Sr.Content & Social Media Writer
Great answered well but at the time of starting a business from the ground up, there’s a good chance that you’ll go through a lot of trial and error, whether it’s figuring out the best way to set up your store or how to most effectively market your products. Unfortunately, some of the errors during the course of this process could sink a small business. With a franchise, all of this has been figured out. You can just follow guidelines and avoid unnecessary trial and error.
Anubhav Yadav
14
Digital Marketing
Yes, you are right. In starting of the business, face difficulties but at same time feel that i am work only for me not for any brand.
PRAKASH UPRETI
11
SOCIAL MEDIA MANAGER/ CONTENT
I do not believe I always believe in Hard remember the dialogue of DDLJ easy way is for short period of time only but hard way is for ever
Luv S.
6
Sr.Content & Social Media Writer
Thanks for the great answers however don't you think buying a franchise will be much easier and less expensive to attract customers with a brand that’s established. You’ll also benefit from any national advertising campaigns that your franchiser is running. New businesses have to build their brand from the ground up.
What's Your Point of view regarding this aspect???
Ankita Sharma
2
Medical Practitioner
I would go with my own business as Franchise would take our credit and a royalty through our hard work. Why should I give them so ?Its always better to start our own business.
PRAKASH UPRETI
11
SOCIAL MEDIA MANAGER/ CONTENT
I do believe what Reno think
Reno Sis
4
Welcome to Renosis website
Yes, you should have start business rather than buy a franchise..
Anubhav Yadav
14
Digital Marketing
Yes, I always interested to do our own business.