Franchise vs A Business Opportunity
When you buy a franchise, you can be sure of getting valuable information that a business opportunity may not give you. A franchise must adhere to strict government regulations. This means we are required by law to present you with a detailed disclosure document called a Franchise Disclosure Document (FDD) which a business opportunity is not. It includes detailed information about the company’s and the principals’ background. It also contains the answers to just about any question a prospective franchisee may have…and a few you might not even think to ask.
Benefits of Franchising
As a franchisee, you buy the right to use an established name and take advantage of ongoing support. People who purchase a business opportunity are usually helped only at the onset.
At Just A Buck we are very concerned about our name, the value and quality of the merchandise we sell for a dollar, and how the store is kept. While being entirely independent may sound enticing, it can be difficult for dollar store retailers who must find a constant stream of quality goods to sell.
As a franchisee you will become part of a purchasing network. You will be in business for yourself but not completely by yourself. As a business licensee, on the other hand, you may be directed to catalogues and expected to order items on your own.