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Why Franchising?

Franchise businesses offer several advantages over non-franchised businesses.
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Here are some of the

Significant Advantages

Proven Business Model

A proven business is one of the most overlooked and most important benefits of a franchise business. A good franchisor has documented the processes necessary to make a profit in the vertical they inhabit. They’ve made the mistakes and documented how to avoid them. They’ve put together a playbook that when executed leads to predictable, positive results.

Training & Support

Franchisors provide training and ongoing support to franchisees. This support may include site selection, marketing, and operational guidance, guidance on attracting and retaining the best employees. Franchisees benefit from the experience of the franchisor and receive ongoing support to help them succeed.

Access to Financing

Franchisees have access to financing options that may not be available to non-franchise businesses. Banks and lenders are more likely to provide loans to franchisees since the franchise model has a proven track record of success.

Lower Risk

Franchise businesses have a lower risk of failure compared to non-franchise businesses. The franchisor has already tested and refined the business model, reducing the likelihood of mistakes and missteps.

Marketing & Advertising

Franchise businesses benefit from the marketing and advertising campaigns of the franchisor. The franchisor may run national or regional campaigns that promote the brand and attract customers to the franchisee’s location.

1

Purchasing Power:

Franchise businesses can benefit from the purchasing power of the franchisor. The franchisor may negotiate bulk discounts with suppliers, allowing franchisees to purchase inventory and supplies at a lower cost.

2

Brand Recognition:

Many well developed franchises have also created a brand that consumers know and trust.

Three most common paths to

Franchise Business Ownership

Who makes a

Good Franchise Business Owner?