morefreedom
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- Feb 22, 2008
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Hi Community,
I am new to this forum. Nice meeting you all.
Got a question for you guys. I have been working with the family business for several years, and the business goes better and better. The family wants me to take over the business and be the future leadership of the company.
My quesiton here is I would only want to maintain it the current way, but build the assets portfolio for the company, so I thought of buying some franchises.
I heard that the parent company of the franchise will buy back your franchise when you do not make money with the their franchise? Is that true? I am about to do some reasearch here.
I was thinking if the parent money will buy it back when we do not make money, then doesn't that mean I got my risks covered?
Any advice guys? I highly appreicate your advices..
I am new to this forum. Nice meeting you all.
Got a question for you guys. I have been working with the family business for several years, and the business goes better and better. The family wants me to take over the business and be the future leadership of the company.
My quesiton here is I would only want to maintain it the current way, but build the assets portfolio for the company, so I thought of buying some franchises.
I heard that the parent company of the franchise will buy back your franchise when you do not make money with the their franchise? Is that true? I am about to do some reasearch here.
I was thinking if the parent money will buy it back when we do not make money, then doesn't that mean I got my risks covered?
Any advice guys? I highly appreicate your advices..
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