Monday, June 22, 2015
Buying a Restaurant for Sale in Vancouver: The Franchise-Indie Debacle
"Building from scratch is incredibly hard work, so it’s not uncommon to see aspiring restaurant owners veer away from the ‘ground-up’ approach in setting up a business. That being said, some future restaurateurs tend to opt for buying an existing establishment instead. In buying a current restaurant for sale in Vancouver, people have two basic options: a franchise or an independent business. Either option has its merits, but ultimately choosing one path depends on one’s understanding of his own strengths and weaknesses, as well as the differences between the two modes of starting up. Here’s a quick rundown of the disparities between a conventional franchise and an existing independent business.