Article first appeared in the Los Angeles Business Journal.
Fueled by investors hungry for returns, some single-location businesses are quickly jumping into franchising. So the Business Journal asks:
Would you invest in a franchise of a business that has just a single location?
ROBERT L. KAHAN
"This is not a yes or no question. Normally, before investing in a franchise business, especially if you are buying a franchise, you would want to make sure that the success of the current unit is not on account of the existing location. On the other hand, if it’s a hot concept with a solid business plan, it could be worth the risk."