In
today’s highly competitive business environment,
more and more entrepreneurs are choosing to
franchise instead of facing the many risks of
starting their own business.
Franchised
businesses show over a 90% success
rate as opposed to only 18% for independents,
according to United States Department of
Commerce statistics.
Recent
studies reveal that franchising is a proven
strategy for successfully penetrating, developing,
dominating and achieving a disproportionately
large market share.
The
key is most established and successful
enterprises, such as John Robert Powers, offer
their franchisees
a proven formula for success.
This formula, combined with the franchisees
hard
work, commitment and initiative to adapt
to
his or her local business environment,
can be
extremely profitable.
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