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Category: Starting in Business

Can you have a franchise as a side hustle? 5 things to think about

Once upon a time, choosing a franchise as a business meant you had to be fully committed to the day-to-day operations otherwise it wasn’t worth buying one. This is no longer the case though and, with the ‘side hustle’ movement growing in popularity, a lot of business owners are investing in a franchise that they don’t need to commit to full time, allowing them to either keep their main career or run other businesses in tandem.

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Things To Consider When Buying A Business

Buying a business is a complicated process. Contributing to that complication is the fact that the process appears straightforward initially. If you can recoup the purchase amount with profit in a timeline that works for you and the business seems stable, it can seem like the process will be simple. However, there are several unseen items you should iron out before closing.

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