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Which is better, starting a business from scratch or franchising?

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Old 03-28-2007, 05:42 AM
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Default Which is better, starting a business from scratch or franchising?

Which is better, starting a business from scratch or franchising?
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Old 03-28-2007, 07:56 AM
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Scratch...franchising can be a severe headache, theres no room for your own "creativity" its all done there way
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Old 03-28-2007, 09:02 AM
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Hey there. I own a franchise, but I would have done things differently. I would have analyzed and studied the business model of a franchise I liked and then copied it. This way, you can always keep pumping money into your business instead of paying royalties and common marketing fees. The only drawback is that your competition is the franchise you admire or copied the model from.
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Old 03-28-2007, 11:14 AM
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Figure out what business you want to do, try to plan what your costs in money and time will be. See if there are franchises in that business and shop around. What do they cost how do they support your franchise? Insurance for the business is often a big factor in deciding on a franchise and the continued costs after the initial investment as well.
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Old 03-28-2007, 12:36 PM
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Both have their benefits. From scratch allows you to create your own system, but it also means you will have to find out everything that doesn't work the hard way. A franchise comes with a system in place and solutions for problems they've already worked out, ...but it comes with a price. My advice for starting your own company is figure out a system by working for someone else first. Then you can take the ground work and start your own company.If you have the money, then go for the franchise.
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Old 03-28-2007, 02:16 PM
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Franchising is if you want security & someone telling you what to do & how to run your ( their ) business.Start from scratch if you want independence & The over-whelming sense of satisfaction when things are going well.Your current financial strength will make the decision for you.Your total commitment & independence is required
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Old 03-28-2007, 03:11 PM
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Franchising has a 98% chance of success. The franchisers have done all the research for you. Basically, it's a turn-key operation.http:://lanispage.blogspot.com
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Old 05-31-2011, 01:00 AM
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Thumbs up Re: Which is better, starting a business from scratch or franchising?

Whether you chose to obtain a franchise business or beginning your own commercial brand, it is all up to you. Examine your capabilities of handling a venture and you also have to consider your finances and funds. It is all up to you if beginning your own venture brand or getting a franchise firm will be a success.
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