Virtual Business Franchise, the Billion Dollar Startup

Virtual Business Franchise, the Billion Dollar Startup

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Early Stage Franchising is a new field in the traditional franchise industry and home to the ÒVirtual Business FranchiseÓ, the highest level of franchising in use today, with 90% of its business functions performed electronically. The Virtual Business Franchise is unique because of its global market reach the day it is officially launched. The success of growing a franchise business can be found in statistics with a success rate of more than 95% after five years, compared to the 90% failure rate of starting and growing a business using traditional methods of trial and errors. Early Stage Franchising is a private sector initiative that uses special institutions to provide continuous development and support to the franchise business system being offered.