Is it a great idea to buy multiple franchises
Multiple franchises: Should I buy a second franchise? Multiple franchises do work, but I would not buy another franchise just because the first one is going well without careful planning. I would buy a second or third franchise because the second one makes the whole business better. This can happen because of economies of scale and opportunity to grow based on known success of your first flagship. As Franchise Accountants we often see that one franchise can sometimes become a well-paid job. You are managing staff, fixing problems, watching wages, dealing with customers and keeping everything moving. Then you [...] READ MORE




