How to make money through franchising as a passive income stream

[cherry123]

Yes, franchising is a simple and easy business to run. You don't need to look for customers because the brand already have them so you just have to use the name for it

 

[Chibson]

That is one of the major importance of franchising. The brand already have the reputation to make you successful. You just have to leverage on that.

 

[cherry123]

Yes if a brand already have the reputation then selling and having customers will be simple. to make you successful you can adopt this model of doing or starting a business

 

[Yohanna]

Yes, franchising is a simple and easy business to run. You don't need to look for customers because the brand already have them so you just have to use the name for it

Yeah! It is one of the advantages because the brand is well-known to the people already.

 

[cherry123]

Yes one just have to leverage on the existing brand that's on ground already. The brand have the reputation to make anyone successful or near successful. you just have to keep pushing

 

[uptrendfinancialsignal]

Yes one just have to leverage on the existing brand that's on ground already. The brand have the reputation to make anyone successful or near successful. you just have to keep pushing

This is a good advantage that franchising has over other types of business because it is an already established brand.

 

[cherry123]

You are right you need 5o take advantage of franchising if you don't know how to start a business it is good over other types of business as it is an already established brand.

 

[Niyi Briggs]

Iris not easy for a business to build a brand which another business would desire to buy it's franchise. But if a business can achieve such a feat, it would make lots money locally na f internationally.

 

[Passiveearner]

There are a few investors who have invested a huge sum of money and they have bought many franchises. Some of them have bought franchise of big brands like Burger King, McDonald's, etc. However, it requires huge sum of money.

 

[flower]

I think franchising is a good business to run because that's already have a brand, and a stable system. But not necessarily suitable for all business locations, that's why the franchise system business often moves locations in my country.

If you engage in franchising, it is definitely one of the best ways to make money because you are promoting already establish item and a brand that is already known to the people. Making money through this means is much more easier.

 

[Blessed19]

Actually franchising is not a bad idea at all but the think there is getting to made with a franchise company which would help you to earn better and have less risk in your business than starting a new business.

 

[Starmix]

I started my business through franchising. We also give 3 percent of our entire sales net monthly. It's a very good business. It could be a very good passive income.

 

[astutimeliana723]

If you engage in franchising, it is definitely one of the best ways to make money because you are promoting already establish item and a brand that is already known to the people. Making money through this means is much more easier.

That's right I agree with you. But the drawback is that our franchise business as a business partner cannot do anything to develop the business, all business concepts and rules have been determined by the center.

 

[Rubz]

Franchising is a very good passive income stream. In order to make money from franchising, one has to find franchising opportunities that is in line with one's interests and financial goals.

 

[Fidelia]

Building a brand that would be attractive enough for another business person to come and buy a franchise takes time, commitment and resilience to build. But you would earn so much in passive income if you can get to that level.