← 10 Steps to Becoming a Successful Franchisor

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By Anslem Samuel | Published September 21, 2011 | Full size is 620 × 480 pixels

Choose an A-team to operate the system. While most franchises hire a low-wage workforce for operations, the franchisor has to have more costly talent and expertise to ensure success—attorneys, franchising experts and other specialists. This comes at a cost that should be prepared for. “In doing that, you want to bring in the best individuals you can if you want to succeed,” says Ball.

Choose an A-team to operate the system. While most franchises hire a low-wage workforce for…

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