34:17No it’s not. It’s a money maker if you run it right.
34:17a franchise provides a lot of support
34:17Supposed to have the Corporate support and knowledge that helps you succeed.
34:17put plainly, it's passive income for the rich
34:18Buying into a recognized brand and know how
34:18Because they already have a reputation?
34:19its an easy way to start a business without starting from scratch
34:19last one holding the bag scheme
34:19Passion for the hobby, like no one make mad money in a hobby store
34:19a place ir money cant be taken buy taxes
34:20branding, recognition.
他
34:20brand recognition and group buying power
34:20you're describing McDonalds
34:20welcome to franchises
34:21alot of companies go to private equities to die
34:21Yea it is a little but you come with a preestablished customer based and set up
34:21but you get money still
34:21you can see it as that
34:22That's the price for not having a product to sell yourself
34:22probably seen as more safe if it is an established company
34:23There are a lot of benefits to franchising
34:23Of a niche hobby? Legos make money.
34:23yes. subways are basically an MLM
34:24It depends if you are KFC franchise it works
34:24its same like joining agency vs indie
34:25Easy brand recog and easy money
34:25Cheaper supply to sell no?
34:25now you understand how the economy works