Benefits & Risks

Consider the benefits and risks of owning a franchise.


  • Opportunity to be a small business owner
  • Support network from franchise and other franchisees
  • Branding, power of cooperative advertising
  • 97% of franchised businesses are still open after five years, unlike 7% of non-franchised businesses


  • Unlike being a true entrepreneur - franchise rules have to be followed
  • Can’t change major components of the business
  • Still lots of work involved - this is not an easy business
  • Baseline financials - correct amount of capital