Franchising Advices

Can I Lose Money?

No business is 100 % failsafe! In our day and age when even venerable banks go under, it is blatantly obvious that there is no such thing as a completely secure investment. If there is one certainty left in business at all, it is that success is dependent on your efforts – your hard labor, your desire, and your persistence. Exercise restraint when someone promises you guaranteed earnings, and do not count on the franchisor to pass on his most loyal clients to you. Stick to the most important principle of good financial health: do not invest more money than you can afford to lose. Even though 90 per cent of franchisees are successful, keep your head firmly screwed on.