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Franchise or Independent Business – Which is Better for You?

Changing from employee to entrepreneur is a big step many people are pursuing now. Is a franchise or an independent business best for you? Consider these franchise benefits:

A New Career Without Industry Experience

Since franchises provide comprehensive training and support from Day One, a career changer can be very successful as a franchise owner. They have the industry expertise and need your business acumen, management, and people skills.

Lower Risk

Franchises reduce the risk of owning a business by providing a proven business model with systems in place. Plus, there is a corporate safety net backing up each franchise owner.

Brand Recognition and Customer Loyalty

With franchises, the brand recognition and effective marketing send customers your way. These advantages have an even larger benefit when it comes to scaling your business.

Collective Buying Power

Even before opening, franchise owners enjoy relationships with vetted suppliers. Often the advantages and cost savings of these vendor relationships more than offset the cost of the royalty.

Scalability

Effective scaling improves the profitability and efficiency of operations as a business grows. Franchises have made this a science. Conversely, independent owners find it challenging to scale as their businesses attempt to expand.

Curious about the franchise business model? Want to learn more? Call or text me at (706) 736-0579 or email me at anna@selectfranchises.com.