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Buying A Franchise in Spain
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Total Posts: 1 Last post by serviceoffer
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Finance
Hi, I’m moving to Spain with in the year to take over a bar, what is the situation with business ownership and residential status?Is it easier to get finance here or in Spain to (elk out with costs,?
Total Posts: 2 Last post by CPB123
What if I want to buy into a franchise in Spain?
Buying into a successful franchise can be a smart financial option for people looking to move to Spain. Franchising in Spain offers a much more reliable way to make money in when compared to setting up you own business.
For those not in the know, a franchise is an already formed business idea that you buy into as opposed to starting your own. An example of this is Dominoes Pizza or McDonalds. The benefit of doing this is, simply, buying a brand that instantly attracts customers. Additionally, the on-going franchise fee is partly reinvested in national advertising to continually draw consumers.
It is possible, with a franchise in Spain, that you will have access to goods at wholesale prices: with a few franchisees, there is bigger buying power when compared to your low buying power as a single unit operation.
Buying a franchise in Spain can give you an essential head start in business. Indeed, you are running your own business - but you won't be alone.
What types of franchise can I expect in Spain?
In Spain, you can buy a franchise in almost every area of business conceivable. Naturally, if your grasp on the Spanish language is limited, so will be your choice of franchise. Furthermore, if you are limited to an expatriate area, maybe the franchise of your choice has already been taken.
When considering a franchise opportunity in Spain, be careful. Just because a concept is advertised as a franchise it doesn't necessarily guarantee success. Research and check out every facet of the franchise. Indeed, talk to as many of the other franchisees already operating in Spain as you can.
The Spanish Franchise Association - Franquiciadores
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