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Service-Based Business | Ep 344
The Game w/ Alex Hormozi
How to Build a Franchise
Franchises are very, very litigious, very expensive to start. You're only going to make money once they open, off the royalties from top line. Most times t takes one to two years to really start seeing profits in a franchise. The advantage of licensing is that it's the lowest cost and typically you have super high margins.
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