Emerging Technologies Radically Lower Start-up Costs, Overhead for Franchisees
It’s a widespread phenomenon with no end in sight. Technology is driving down the cost of buying a franchise – way down.
The avalanche of super-fast and integrated technologies is long and getting longer — smartphones, GPS systems, social networks, the Internet cloud and embedded digital technologies are just a few. These emergent technologies lower the costs of starting and running a franchise whether it’s by reducing errors and waste, making communication faster and easier or streamlining training, billing and customer service.
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