When is it considered that a franchise is profitable and has guarantees of success?
Among the many doubts that exist when investing with such or such a franchise, there is a question that we should ask ourselves:
How many years has this brand in the market?
Depending on the answer we obtain, we could already rule out a large number of franchises because all those that do not have 10 years in the market could be considered as still in the consolidation phase.
When is a franchise considered profitable?
And if we ask ourselves the second question:
How many establishments are open and functioning?
With this second response and if we discard all those brands that have less than 30 open franchises, we can consider that we are studying successful and profitable franchises that have all been in the market for more than 10 years and have more than 30 franchises in operation.
If we do not want to see how our investment is in danger and may also be at risk all the effort and the illusion that being your own boss means to have your own business, if you do not want to put all this at risk it would be convenient to analyze with what brand of franchises we are going to invest and bet our future.