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For many budding entrepreneurs, franchising a business is an attractive option. It allows them to become a business owner using processes and systems which have been shown to work in the field. Franchising appears to be a low cost-low risk way to own a business. However, before you start a franchise business, you need to be aware of the pitfalls and find ways to go about selecting, evaluating and ultimately signing up with a franchise in a more aware and intelligent manner.