Originally Posted by swaps
Is there any websites or anywere which compares franchises and advises which way to go ? What Im looking for is any business im capable of doing but is must be a very low risk of failure. No franchises seem to give the details you need like how many of their franchises fail in the first 3 years and how many they have done and how many are still trading. Not sure if I should be looking for a franchise or buy an ongoing business. I will list some points and any avise is welcome.
Need a business thats at least 95% likely to succeed
Can invest a max of 100k including running capital
needs to be local'ish to me
If franchise need to have been around a good time and proven to work
High profit to outlay
Need to earn me min £500 per week for a max 40 week - dont mind working 80 hours but would expect a min £1000 for it.
Any sugestions ?
I'd guess that the various "Franchise Magazines" would be a good starting point re: reviews, comparisons, etc., and also to get a sense of which ones are doing well (or not).
I'd suggest there's no such thing as a "franchise business with a 95% chance of success". After all, it's the people running the actual franchise that will make it successful (or not).
If you search on Google, I bet you'd find some Forums dedicated to Franchising, etc.