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Entrepreneurs are no doubt aware of the statistics concerning the failure of new businesses. However, budding business people or even corporate veterans might be able to hedge their bets by choosing an increasingly popular method of starting a business.
According to the United States Chamber of Commerce, franchises have far better success rates than non-franchised businesses. Notable franchises include Domino’s Pizza, Kentucky Fried Chicken, Super Cuts(R), and Ace Hardware.
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