When you invest in a franchise, you are buying the right to use an established brand and business model. This can provide a level of security and support that can make it easier to generate income.
How investing in a franchise business can be a passive income
- Thread starter Johnson2468
- Start date
Yeah, if you have the money you must always go for the already-established ones that have potentials. That is how investors do.
Investing in franchise does not totally make it a passive income . Although you can make reasonable profit from such adventure but it is not a passive income source.
When you invest in something and you are not actively participating to generate income, then it is passive. You need to put in a little effort or no effort at all to make passive income. But there must be some years of hard work and consistency before that will happen.
Yeah, it is a good way to make money that's why there are a lot of people doing such kind of business. It is also important to make research before going ahead to venture into the business.
Investment in franchise is a very good way to make money for those who have the interest and the experience.
of course before you make money from a particular thing you must be interested. It is when you get started that you get the necessary experience required.
Investing in franchise is truly a passive income ideas and it could give you enough confidence to earn decent money.
Investing in a franchising business is a good way of making money. But I do not think it is a source of passive income. Although you get the necessary marketing support , you still need to work hard to run your business.
It could be a passive income if the product is already popular and well-known, which means you're going to make money from it effortlessly.
It is true that if the product is already popular, it's an avenue to generate income.