Morgan & Westfield - Deal Talk

Costs and Advantages of Franchising

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Synopsis

Franchising your business can be a great way to grow your brand, and for entrepreneurs looking for their next business opportunity, owning a franchise has a number of important advantages. If you currently own your own privately held business, or if you are someone who is exploring the possibility of franchise ownership, this edition of “Deal Talk” is for you. Patrick Le Feuvre is a Houston-based franchise area representative for Cartridge World — a highly successful global franchise serving both business clients and general consumers. Mr. Le Feuvre talks about how the franchisor makes their money and how the franchisee benefits (and succeeds) from their interdependence on other franchisees in the company.