What are the legal issues i will face while opening an franchise?
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I want to start a franchise of a well-known brand in my hometown. I know that the registration process is very difficult like securing necessary funding and all. So what are the challenges i will face when setting up a franchise business in Austin and how can i overcome them?
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Yes, it's a kind of challenging thing, as this setup needs high initial costs, precise zoning regulations, and a competitive market. Finance is important, so explore SBA (Small Business Administration) loans or find good investors.
Finding a suitable location in your budget is very important, as real estate prices in Austin are very high. Study the local market and then set your franchise.
Local permits and licenses should be done before opening a business, and for that it's better to consult a business counselor.