Buying a franchise is potentially a very profitable way of owning your own business. The franchisor can’t guarantee the franchise business owner will be successful. But studies of the franchise business model have proven franchisees are more likely to be successful than if they had started a business on their own.
Pros of Buying a Franchise
Some of the advantages of franchise ownership could be considered disadvantages by some business owners. For example, listed under “Pro’s” for reasons to buy a franchise you might see these statements:
