Why Franchise?
If you’re considering starting a business, franchising makes economic sense. Think about these simple facts:
- A franchise provides a brand that already enjoys widespread recognition. This gives you the benefits of customer awareness that would take years to establish on your own.
- A franchise can increase your chance of success because you are operating with a proven business model, a customized support structure, and a community of like-minded business owners who care about helping you succeed.
- Franchises signal superior levels of quality and consistency to consumers because they are part of an established system.
- Franchises offer crucial support resources, both at start-up and ongoing. Starting a business from scratch requires hundreds of critical decisions and a lot of costly trial and error. A franchisor has done the trial and error and honed the business model into a system that works. This may allow you to get up the growth curve with greater speed and less effort.
- Franchising takes time and effort out of the administrative side of your business, allowing you more freedom to focus on the activities that grow your business.
Consider these additional statistics:
- The franchising industry and businesses employs over 18 million people in the U.S.
- The franchise industry accounts for approximately 40% of all retail sales in the U.S.
- Approximately one out of every 12 businesses in the U.S. is a franchise business
Simply put, owning a franchise allows you to go into business for yourself, but never by yourself.
It’s refreshing to partner with a franchisor that really cares about the success of each and every franchisee. The ability to customize our merchandise to best serve our unique local markets gives us a huge competitive advantage. Timely responses to our requests provides us the flexibility to react quickly to take advantage of changing market conditions and be one step ahead of our competitors.
– dave, patty, & nikki, deer park