Are you still wondering if you can afford to buy a franchise (or small business)? While most franchises cost between $50,000 and $200,000 to get started; there are some that can run much less and others that can exceed $5 million. Given the fact that franchise brands can vary so greatly in terms of costs, some individuals may be able to afford a luxury brand or more expensive franchise concept, while others may only be able to afford a franchise that costs much less. Knowing how much you have to work with in advance can better help you identify which brands you should consider.
This is where pre-qualification comes into play.
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