I had a friend in Switzerland that went into a hair salon franchise. At the time he thought it would be easier on him financially sine the head company provided him with all the equipment. Years down the road he learned that the franchising business, besides hard work, can be downright brutal. The company keeps making demands each year while he had absolutely no say in the products he carries and service he provided.
I guess it all depends on the franchise contract. Reading the small print is definitely an absolute must.
As for the failure or success of the business, I think it is true of every business, regardless of the fact that it is a franchise or not. One of the most common misconceptions young business people have is that they are free to do what they want and work when they want.
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