Foreign Sellers Now Claiming Virtually No Failure with Franchise Ownership
This must be a record. Even the IFA only claimed a 95% success rate in the United States and then had to recant its claim years ago. Now a South African bank is reporting that their fortunate franchises have a 97% success rate.
This is evident in the 2008 Standard Bank Franchise Factor survey, which showed that only about 3 percent of franchises fail, whereas the percentage of failed start-up businesses is much higher. - The Times, South Africa
And lest you think that only South Africa's franchise vendors are the only ones hungry enough for business to cite such examples, consider this from the United Kingdom.
This is because it has been proven to be many times safer than lending to independent start-up businesses, more than half of which disappear before their fifth birthday. The failure rate for franchisees is less than five per cent a year. - Oxford Times
Economic collapse is more reason than ever to buy a franchise! Buy now! Don't wait! What? You are still sitting at the computer??
Buy NOW!!!
Oh. It sounds too good to be true? That's because it is.
Look at actual franchise success rate studies that have been collected, found in the Franchipedia.
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