Franchises that work out: Many of the hottest US businesses to franchise involve fitness

15 Feb 2020


For many Americans, entrepreneurship seems like an attractive option. Owning your own business means not having to answer to a boss everyday and often a much higher earning potential than a salaried job. However, running a business is also far riskier than working in an established company.

One way for budding entrepreneurs to minimize the risk is to start a franchise location. Franchisees are entrepreneurs who acquire a license to operate one or many locations of an established brand. Though they typically pay an annual licensing fee, in addition to often high upfront startup costs, franchisees benefit from tried and tested proprietary knowledge and processes, in addition to existing customer brand recognition.

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