Many entrepreneurs opt for a franchise because it provides a relatively lower-risk pathway to business ownership. Key benefits include:
Brand Recognition: Operating under a well-known brand can attract customers more easily. Proven Business Model: Franchisors offer a proven business model that has already been tested and refined. Support and Training: Franchisors often provide extensive training and support to help franchisees succeed. Marketing Assistance: Franchisees benefit from national and regional marketing campaigns.