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Learn from the success of others.
Why spend years and many thousands of dollars "reinventing the wheel," when you can take advantage of a solid business system and a brand name that others have already made successful?
Unparalleled performance.
Today, new franchises are opening at an average rate of one every eight minutes all across the USA.
An International Franchise Association study reports that franchising is responsible for 760,000 businesses, 18 million jobs, 14 percent of private sector employment, and over $500 billion in payroll!
While less than 10% of businesses are franchised, it is estimated that they account for nearly 50% of all retail sales in the United States. That is more than four times their share of dollars.
A 1999 US Chamber of Commerce study found that 86% of franchises were still under the same ownership and 97% of were still in business after five years.
Compare this to a US Small Business Administration study from 1978 to 1998, which found that 62% of non-franchised businesses closed within the first six years of their existence.
You are headed in the right direction. Franchises have helped turn dreams into reality for millions of people, but individual success depends upon following some basic principles.
In order to effectively evaluate a franchise, you must know yourself and learn about the industry of the franchise company and their place in it.
Mistakes can be avoided. Most franchises that fail are the result of inadequate research of franchise opportunities and/or incompatible with the personal attributes and interests of the owner.
This fact underscores the incredible value of our step by step franchise discovery process. At Franchise USA, we are experienced entrepreneurs focused on helping you learn about the many choices available and how to select the right business for YOU.
Buying a franchise reduces your risk and provides a proven way to turn your dreams into reality.
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