Why Franchise? Benefits to starting up a franchise
The benefit of franchising is simple. The business you are buying is a replica of a system of successful franchises. The kinks have already been worked out, so you now have the advantage of avoiding the initial developmental issues and going straight to operating your store.
For many, being their own boss is the primary reason for wanting to own a business. For others, it may be the satisfaction of enjoying success through their hard work.
No matter what your reason, franchising puts you on the road to success without the risk experienced by independent businesses. You have the advantage of brand awareness. When you buy into an established national or international brand, you are enjoying the automatic name recognition that comes with being associated with a large and familiar company.
You receive the training and support that incorporate proven techniques so that you can achieve success faster.
You have access to a network of business owners who have been through the exact same experiences. Networking and support from other owners is a priceless resource in business ownership.
As part of a franchise, you enjoy the benefits of collective purchasing power. The franchisor has already established a relationship with many vendors and negotiated a reduced price for their products and services.