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Franchises tend to have better success rates that non-franchised businesses.

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User Kzar
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2 Answers

4 votes

True. Franchise business has high rates of success than non-franchised business. There is independence of small business ownership that enjoys the support of a big business network. Individuals venturing in such businesses are offered free training to operate their business model if they do not have experience. In addition to that, franchised business has a well established reputation and image with better access to national advertising and continueing support.

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User Jannis
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7.5k points
6 votes

True. Franchise business has high rates of success than non-franchised business. There is independence of small business ownership that enjoys the support of a big business network. Individuals venturing in such businesses are offered free training to operate their business model if they do not have experience. In addition to that, franchised business has a well established reputation and image with better access to national advertising and continueing support.

answered
User Franck Mesirard
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8.3k points
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