Are you looking for a way to increase your income and possibly own a business? If so, you might consider buying a franchise. There are many franchise opportunities available, and some people have enjoyed great success. Yet, there is a downside to buying a franchise. Before making the decision to buy a franchise, consider the cons.

1. Expensive: Buying a franchise is expensive. And unfortunately, a profit isn't guaranteed. Persons who buy a well-know franchise such as a McDonald's or Subway will generate income. On the other hand, if you buy a less known franchise, you will have to market the business and invest in various types of advertisements.

2. Need Your Own Money: Franchise owners can finance the purchase. However, most companies require a down payment. For example, Subway franchise owners need at least $100,000. Meanwhile, a pizza or hot dog shop might require a $50,000 down payment. Before buying a franchise, you'll need to find a money source. You can use your own personal funds, home equity loan, or use a private investor.