Jolita Brilliant discusses three key factors to consider before investing in a franchise:
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Strong Support for Marketing & Operations
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A good franchise should offer comprehensive support, including marketing strategies and operational guidance.
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Look for systems that help you attract customers and run the business efficiently.
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Profitability & Scalability
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Does the business model generate consistent revenue?
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Can it grow profitably as you expand, or does it hit financial limits?
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A sustainable franchise should provide long-term income potential.
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Avoiding Gimmick Trends
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Some franchises are built around short-lived trends with no lasting value.
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Make sure the concept has long-term demand rather than being a temporary fad.
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Jolita emphasizes the importance of researching a franchise’s track record, financial potential, and support structure to make an informed investment decision.
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