Starting a business usually entails creating a business plan, testing the market, refining your product or service, and taking care of dozens of other tiny details. When you franchise, all of these steps have already been taken care of by the Corporate team and business model. A franchise has already been defined, tested, and proven to be successful, so you get to focus on getting up and running—and making money.
You're in charge
Be your own boss
Franchising offers all the freedom and flexibility that self-employment offers. As a franchise owner, you’ll be your own boss, so you can set your own hours, build your own schedule, and design your own policies. You can run your business exactly how you want to, bringing all your ideas and creativity to the table.
For yourself, not by yourself
Starting a business can be stressful, which is why franchising is such an appealing option. When you buy into a franchise, you’re buying a process proven to help you be successful. You get access to training materials, operational equipment, billing and payroll support, and any other resources you need. So while you’re in business for yourself, you’ll never be without support.
A proven business model
Opening a franchise means building on the franchisor’s prior success, so you’re assuming much less risk than you would if you started your own business. The franchisor has already vetted their product or service, systems, and processes, which means that all of your big “what if” questions have been taken care of.
Be part of a recognized company
When you open a franchise, you benefit from the name recognition of an established company. That means that the time you’d ordinarily spend trying to make a name for yourself can instead be spent on building your team and finding your partners.