10 Most Common Mistakes When Franchising Your Business
Franchising your business is a great way to expand your business and make more money, but not every business is meant to be franchised. Your business model must easily be replicable and your brand must be strong enough to bring in the customers for all your franchisees.
There are also a lot of other factors that go into franchising your business. Check out these 10 most common mistakes when franchising your business:
1. Giving too much leeway when it comes to site selection
One common mistake new franchisors make is giving their franchisees to much leeway when it comes to the site selection process.