Myth vs. Reality

Myth #2:

You have to flip a lot of burgers to make it in franchising.

Becoming a franchisee no longer means you have to ask "Do you want fries with that?" The real growth in franchising in the 1990s has been in specialized service providers--especially business-to-business and homebased--and not in fast-food restaurants. Franchising has spread into other industries and professions. With pet-sitting services, real estate brokerages and funeral homes now being franchised, the burger image is fading fast.

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the October 1998 print edition of Entrepreneur with the headline: Myth vs. Reality.

Loading the player ...

Before You Quit Your Job, Do These 10 Things

Ads by Google

Share Your Thoughts

Most Shared Stories

1
15 Signs You're an Entrepreneur
2
10 Things All Entrepreneurs Must Do Before Quitting Their Day Job
3
Want Media Attention? Target Trades First
4
25 Common Characteristics of Successful Entrepreneurs
5
The 80/20 Rule and Listening to Your Inner Procrastinator