Everyone dreams of starting their own business someday. For most people, however, that means creating a start-up company. However, a start-up company isn't always the best way of becoming a business owner. Opening a franchise offers many of the same benefits as a start-up with fewer risks.



1- Lower Risk

It's no surprise that start-up companies rarely survive. No matter how well planned or how much you invest, the chances of a start-up taking off are always low. A franchise, however, already comes with a successful track record. That means that the risk of failure is much lower with a franchise.

2- You're Not Alone

With a start-up, you're on your own. Success or failure rides entirely on your shoulders. Any problems or difficulties need to be solved without any outside help. For most people, a support network is essential when it comes to running a business and it's something a franchise provides in spades.

3- Better Profits

A franchise comes with brand recognition. Not only does that make it easier to find success, it's also easier to reach bigger profits. Brand recognition means that your potential customers will enter your business with a degree of trust. As a result, they will be a lot more willing to pay a higher price.

4- Building a Customer Base

Brand recognition also comes with another powerful benefit: an already solidified customer base. Few people will want to give their hard-earned money to a no-name start-up company. A franchise from a recognizable brand, however, comes with a certain degree of respect.

5- Easier Supplies

Every business needs to deal with buying supplies. With a start-up company, this means trying to find a supplier that will still leave you profitable. A franchise, however, doesn't need to worry about this. Most franchises will have their own network of suppliers with deep discounts that make it easy to get what you need.

6- Getting Financing


Few financial institutions are willing to invest in a random start-up company. This makes it difficult to get the funding you need early on. A franchise, however, already has a proven track record meaning it's a lot easier to find financing for your business.

7- A Stable Business Model


Starting a business for the first time means going through a massive learning curve. There are a lot of things you need to learn. With a start-up company, it's up to you to figure things out. However, a franchise provides a business model that has already been proven to work.

8- Easy Marketing

Attracting customers is the hardest part of any business. And the only way to attract customers is by coming up with a strong marketing plan. That isn't easy. Luckily, most franchises come with an established plan already in place for you to follow.

Owning Your Business

A start-up company is a rewarding experience. However, it's also a stressful one with few ways of improving yourself except through trial and error. Franchises are just as rewarding. That's because a franchise lets you own your own business while still having a strong support network behind you.