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Now that I have read this book I think the safer route and I always new this is buying into a franchise. Gerber states that Business Format Franchises have reported a success rate of 95 percent in contrast to the 50-plus-percent failure rate of new independently owned businesses. He also states that where 80 percent of all businesses fail in the first five years, 75 percent of all Business Format Franchises succeed! These numbers make it very scary to even think of opening your own business.
I found it pretty interesting how the colors of your uniforms, the shapes or symbols on you business card or sign and even the walls and flooring can affect how successful your business is...
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