How franchising is better

Franchising is a terrific way to turn a company into a regional, national, or international sensation. But you will need a solid concept, adept management, and the financial resources to be profitable. By franchising:

• People will pay you for your proven business model so that they, too, can run a profitable operation.
• People will pay you royalties based on their sales.
• Your concept can grow regionally, nationally, or even internationally.
• You are creating a viable exit strategy for when you are ready to retire.
• You are following a model that has worked for more than 50 years, for the most part, successfully.

Franchise companies added nearly 30,000 new establishments to the US economy in 2006, according to the International Franchise Association.