What are the benifits of owning a franchise?
Franchising offers individuals the opportunity to be in business for themselves, but not by themselves. The franchisor is there to provide support with all the different functions of the business. They have seen the issues that can arise in their business and know how to deal with any problems effectively. Prior to your opening, they provide extensive initial training and support so you’re well prepared to handle whatever comes. They can also provide advertising and marketing support to help build your business faster. The most significant benefit to franchising is the reduced level of risk. This comes from a franchise system’s proven method of doing business. Having a recognizable “brand” is also a huge plus. I thoroughly review all of these points (and many more) with my clients as part of my free consulting services. Keep in mind that there are literally thousands of franchises. As a consultant, I’ve sorted through them for you, showing clients only the ones that meet their specific
