You’re probably aware of the well-known statistic that the majority of small businesses fail within 10 years.
But did you know there’s one category with a much higher success rate than your typical business?
Franchises fail at a far lower rate than average.
Why is that?
A franchise, by definition, has systematized the business.
There are dozens of ways to make a hamburger, but there’s only one way at McDonald’s.
Everyone knows traders fail at a very high rate.
Can you guess the type of traders that fail at a much lower rate than average?
How can you “franchise” your trading business?