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Why Buy A Franchise?

"Some major advantages and benefits of buying a franchise business opportunity"

Minimize Your Risk: One of the primary and major reasons you should consider buying a franchise business opportunity (versus starting a new independent business from scratch), is it gives individuals the opportunity to go into business for themselves with an excellent chance of success, while at the same time minimizing your risk of failure.

Starting a new business, or new business model, is inherently risky. Most studies conclude that over 90% of new businesses fail within 3 to 5 years. In comparison, U.S. Dept of Commerce studies have shown that over 92% of franchised businesses are still operating after 5 years.

Why Buy A Franchise? Below is a list of other well known advantages, and benefits of buying a  franchise business:

  • Minimization, Or Reduction Of Risk: Franchise industry stats indicate that the franchise business failure rate is approximately 2 to 3%, compared to over 80% for all new independent businesses.

  • Proven Business Model: A franchise business can offer established operating systems, services, products, and brand name recognition.

  • Financial Assistance: Many established franchisors can often offer assistance in financing a new franchise business either directly or through arrangements with other lending institutions.

  • Marketing Assistance: This includes developing effective marketing plans for  local markets. In addition, many  franchisors have the resources and experience to develop regional and National marketing programs that benefit all franchise owners.

  • Management/Consulting Assistance: An established franchisor can offer and transfer a wealth of knowledge and training on how to successfully manage and operate a new business

  • Franchise Site, or Location Selection Assistance:

  • New Products, Or Services Development:

View an alphabetical list of franchise opportunities and businesses available for sale on this directory.

Request a free franchise buyer consultation.

 

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