Just saw this in my Facebook feed.
I don’t know if developing an ice cream franchise is an topic appropriate for this site, but I saw people talking about a car was earlier, so I thought I’d share.
It’s interesting to see what franchise opportunities pop up from time to time. I know you can get their ice cream in the grocery, but I wasn’t aware that they were adding franchises.
It doesn’t sound like you’re actually looking to get into this business, which is probably good. I have to imagine that a seasonal business like this is a tough way to make a good living.
Chris- do you consider developing a franchise a real estate investment or starting a business?
Does it make a difference?
If you’re building out the structure, then there’s definitely overlap with real estate. Besides, building out a real estate portfolio that you’re actively managing is a business.
I wouldn’t recommend a beginning Investor jump into a franchise opportunity, but someone more experienced might consider it to diversify their portfolio.
Just a note on franchises, there’s good ones and a lot of bad ones. I know many people who buy a franchise and never make a decent return from it.
I see what you mean. Personally, I keep investing real estate and starting a business as completely separate activities.
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