Franchising

Why Buy a Franchise

There are many benefits to buying a ready made business compared to building a brand new company.

• You are not alone – your Franchisor is your business coach.
• You work with like minded people who have the same goals and passions as you do.
• The learning curve is smoother.
• The wrinkles are ironed out.
• There is less trial and error. Costly mistakes can be avoided.
• From a consumer’s opinion, a franchise offers them the assurance of consistency.
• Statistically, franchises are 95% more likely to survive the first three years of business.
• There is an infrastructure in place, a proven business model and ongoing teaching for the franchisee.
• With less stress on a new business owner, they are more apt to continue to improve their economic growth.
• Brand power – the Franchisor has sourced out and researched where they are taking the company and how that will affect their bottom line.
• Buying power – the Franchisor can give added security for suppliers to deal with new companies.
• Franchisors have invested heavily in consultants and professional opinions, whereas a new company does not have the means to utilize these types of services.