Questions

Should you start your own business, or should you buy a franchise?

Asked by Luv S., in Business

Best Answer

Anubhav Yadav Magnate I   Digital Marketing
Yes, I always interested to do our own business.
Dec 21st 2017 00:07 

Answers

Anubhav Yadav Magnate I   Digital Marketing
Yes, I always interested to do our own business.
Dec 21st 2017 00:07   
Reno Sis Advanced  Welcome to Renosis website
Yes, you should have start business rather than buy a franchise..
Dec 21st 2017 00:34   
PRAKASH CHANDRA UPRETI Committed   DM/CONTENT WRITER/WEBSITE OWNER
I do believe what Reno think
Dec 21st 2017 00:40   
Ankita Sharma Freshman  Medical Practitioner
I would go with my own business as Franchise would take our credit and a royalty through our hard work. Why should I give them so ?Its always better to start our own business.
Dec 21st 2017 00:55   
Luv S. Advanced  Sr.Content & Social Media Writer
Thanks for the great answers however don't you think buying a franchise will be much easier and less expensive to attract customers with a brand that’s established. You’ll also benefit from any national advertising campaigns that your franchiser is running. New businesses have to build their brand from the ground up.
What's Your Point of view regarding this aspect???
Dec 21st 2017 01:09   
PRAKASH CHANDRA UPRETI Committed   DM/CONTENT WRITER/WEBSITE OWNER
I do not believe I always believe in Hard remember the dialogue of DDLJ easy way is for short period of time only but hard way is for ever
Dec 21st 2017 01:12   
Anubhav Yadav Magnate I   Digital Marketing
Yes, you are right. In starting of the business, face difficulties but at same time feel that i am work only for me not for any brand.
Dec 21st 2017 01:14   
Luv S. Advanced  Sr.Content & Social Media Writer
Great answered well but at the time of starting a business from the ground up, there’s a good chance that you’ll go through a lot of trial and error, whether it’s figuring out the best way to set up your store or how to most effectively market your products. Unfortunately, some of the errors during the course of this process could sink a small business. With a franchise, all of this has been figured out. You can just follow guidelines and avoid unnecessary trial and error.
Dec 21st 2017 01:14   
PRAKASH CHANDRA UPRETI Committed   DM/CONTENT WRITER/WEBSITE OWNER
yes sir I do have the same thought
Dec 21st 2017 01:17   
Ankita Sharma Freshman  Medical Practitioner
Both options have its own pros & cons, you have to take the final decision.
Owning a business is a journey and a learning experience - the learning comes at a cost - how to start a business, which equipment to buy, what marketing strategies work, how to hire and train ppl. So as a first time business owner you can learn the art of these steps through experience (again you might get advice from others) or learn from others’ mistakes and not repeat them (franchise route)
Doing franchise is not a low cost business . Further more ,the product you choose, the location , your mange strategies and so on , all of these are very important.

Or I have another idea which combines both--

You can take a franchise first to gain some experience about the business then go for your own business.
Dec 21st 2017 01:30   
Luv S. Advanced  Sr.Content & Social Media Writer
Ankita You are a rock star that's what I was waiting to hear.
Dec 21st 2017 01:32   
Anubhav Yadav Magnate I   Digital Marketing
I am agree with Ankita Sharma.... What we do both need Investment.
Dec 21st 2017 01:37   
Luv S. Advanced  Sr.Content & Social Media Writer
You can take a franchise first to gain some experience about the business then go for your own business.

"best statement"
Dec 21st 2017 01:42   
Adam Smith Advanced  senior consultant in email helpline
Yes, I always interested to do go for own business.
Dec 22nd 2017 00:26   
Go Market Freshman  Cloud Telephony Solutions for Business Growth
yes sir I do have the same thought
Dec 22nd 2017 04:51   
vo b. Junior  Vikk Studio
Yes, I always interested to do go for own business.
Dec 22nd 2017 05:38   
Ruchi Sharma Advanced  Packers and Movers Hyderabad
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Dec 23rd 2017 01:20   
Guillermo V. Committed   Musician
Should you start your own business, or should you buy a franchise? I think start your own business
Dec 23rd 2017 11:29   
Samuel Rosenick Freshman  Marketer at Four Seasons Laser Center
IT depends if you wanted to open a business for making profits only you should consider franchisee but if you wanted to create something new you can start your own business.
Dec 25th 2017 14:42   
Luv S. Advanced  Sr.Content & Social Media Writer
thanks a lot guys for answering merry xmas and a happy new year
Dec 25th 2017 23:21   
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