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Franchise vs. Independent Business 2023: Exploring Entrepreneurial Choices

However, the franchise model isn’t without its drawbacks. Entrepreneurs must consider the following aspects before committing to this route:

  1. Initial Investment: Acquiring a franchise typically requires a substantial upfront investment, including franchise fees, equipment, and inventory costs.
  2. Lack of Autonomy: While the support of the franchisor is valuable, franchisees often have limited creative freedom and must adhere to
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