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Why Franchise > FRANCHISING FACTS
- Consumers like franchises because they offer known name brands and dependable quality standards
- Predictable start up costs make them economically advantageous
- Franchising offers the ability to be self-employed while being a part of a larger team
- Franchising provides you access to proven business and marketing tools, rather than reinventing the wheel
- The Department of Commerce reports that less than 5% of franchised outlets have failed each year since 1971
- U.S. Small Business Administration reports that 65% of business start-ups (non-franchise) fail within 5 years
- 94% of all franchisees reported their franchise to be successful according to a Gallup survey
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