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I am interested in buying a small business franchise so I did some research. This video talks about buying a franchise and the benefits of it. It says that when buying a franchise you need to consider the brand and the system in place. A well-known brand will be easy to sell to your customers. A lesser-known small business franchise will be harder. This video suggests focusing on the small business franchise system they offer. Either way, it said that the ability to establish presence in you market is essential. I know I rarely see a small business franchise close in my area. I also never see the big ones close either. They seem to make it. This video suggests that I will need $100,000 of my own money for a small business franchise. It could be $300,000 or more for a bigger one. I am considering going into business with my friend and borrowing some. Either way, if I'm going to invest my time and money in any business, I am going to do it with a small business franchise where I am more likely to succeed.
