Individuals who are planning to start their own business are met with one challenging question - to franchise or not? Before you make a decision, you must first look into the costs to open a franchise.
Parent companies will claim that opening up a franchise will enable you to save up money. However, there are several other benefits involved with buying a franchise instead of developing your own business idea and developing it on your own. But in the case of opening a franchise, you need a huge amount of capital to purchase the rights to that franchise. But where does the franchising fee goes and what are the costs to open a franchise?
