Investing in a franchise is the fastest growing way of starting a successful new business. In the United States, as much as 35% of all retail sales are done through franchised businesses.
It is the only way in which entrepreneurs are able to retain their business independence and run their own business without sacrificing the benefits of big company buying power, expertise and support.
About 80% of new businesses started without franchisor support are doomed to fail. Only 5% of the new franchises fail. There are several reasons for this.
The first is that your success as a franchisee is critically important to the franchisor. Without franchisee success, the franchisor does not have a business. For this reason, the franchisor does everything possible to help its franchisees succeed and prosper. From the word go, the franchisor is at your side.