Franchise Brands are Consistent
Successful franchise systems have multiple units that operate under the umbrella of a common brand and follow the same operating procedures. A good franchise system ensures that all franchisees follow the same operating system and reinforce the positive brand image
No Experience Needed
You don't necessarily need business experience to run a franchise. Franchisors usually provide the training you need to operate their business model.
You Get Regular Support
When you invest in a franchise unit, you can expect to be supported by the franchiser for the entire time you are in business. This support will usually include marketing, technology, staff training, and assistance with all other areas of the day-to-day running of your franchise unit.
Regulated Fixed Fees
Franchise owners have to pay the franchisor ongoing fees in the form of royalties, in return for which they benefit from the marketing and operational support detailed above. In contrast to an independent venture, a franchisee benefits from the reputation of the franchisor from the very first day they open for business.
Franchises offer the independence of small business ownership supported by the benefits of a big business network.
Franchises have a higher rate of success than start-up businesses.
You might find it easier to secure finance for a franchise. It may cost less to buy a franchise than start your own business of the same type.
Franchises have a greater percentage of approval than start-up businesses.
Easy to Sell
In most franchises you are allowed to sell the business to another person if you no longer are interested in keeping or operating the business.