Why every concept should not be franchised | The Manila Time

Why every concept should not be franchised | The Manila Times

A DIRECT competitor started franchising their concept for P500,000, adding a few extra million pesos for construction. After checking out their mall locations available for franchising, I noticed many were where I had closed down branches because of low foot traffic. Many locations on offer were mostly lemons, with a higher chance of franchisees losing their investment, regardless of effort.

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