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Home > Franchise Your Business > Why Franchise?

Why Franchise Your Business?

  • Expansion is more manageable and cost effective using the franchise model.  You are able to recruit strong business minded individuals who will take personal responsibility for the success or failure of the business.
  • You will be able to pool marketing resources from the franchise owners to invest in campaigns.  This will allow you to market more aggressively and gain faster brand recognition.
  • You will be able to achieve buying power with suppliers based on the increased revenues that the company as a whole produces.
  • You will be able to collect franchise fees, royalties and other possible sources of income from the Franchisees.
  • Put your expertise to use to teach others to be successful operating your franchised model instead of doing the day to day work yourself.
  • Multiply your expertise times hundreds to generate millions.
  • Synergy will bring new ideas and concepts to your organization that will improve the overall systems.
  • If your system works successfully in your market, chances are it will work well in others.  You can profit from your proven model in multiple markets simultaneously and increase your revenues substantially.
  • Realize a much higher success rate than conventional methods of expansion such as chains stores.  Employees will never care as much as an Owner who has a vested interest in the business.  Statistically franchising is the most successful growth model.
  • People have been telling you that you should franchise your business.
  • People tell you that they will buy one if you ever franchise.
  • Develop an equity-building asset.  Your franchise company will be very valuable in the future if it is successful.  This will give you options to sell all or part of your company.
  • Create an iron clad exit strategy for your future.

Industry Statistics

  • Franchised Businesses account for almost 50% of all retail sales in the U.S. and Canada
  • 86% of franchised businesses are still open under the same ownership after 5 years
  • 97% of them were still open after 5 years
  • 85% of non-franchised business fail in their first five years
  • Total sales of franchised businesses will reach two trillion dollars this year
  • 1 in 12 businesses are franchises
  • A new franchised business opens every eight minutes
  • The average franchise initial investment is $250,000
  • The International Franchise Association reports that franchising is responsible for 760,000 businesses, 18 million jobs, 14 percent of the private sector employment and over $500 billion in payroll!

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Franchise Matchmaker helped me identify the perfect business. I love being my own boss and finally enjoying my work.
John Brandley
As Good As New - St Petersburg Fl.
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