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Uber and Lyft Consider Franchise-Like Model in California

[nytimes.com]

. . . alternative source :

[dailymail.co.uk]

FearlessFly 9 Aug 18
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The future franchisee must have sufficient equity to open a franchise business.

Uber will never become a franchisee because it cannot provide all sectors of the business with functionality and clarity in the execution of the business plan. To the amount of investment in the business declared by the franchisor, they must have an additional financial "safety cushion" of at least 30%. And the stated investment in the franchise does not include the cost of rent, personnel, opening a legal entity, etc. This remains outside of the announced figures. You have to consider that the franchise business has a period of formation and development like any other start-up business. Your business will not start making a profit from day one. It will take time and some financial reserves to take off. Uber is kind of already a functioning business. It's going to be difficult for them to

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