The Benefits of Buying a Franchise

There are many good reasons why to buy a franchise. Franchisees have a variety of important advantages over new, independent businesses. These advantages optimize your chances of success and also help you enjoy your business more.

Established Track Record

When you buy a franchise, you become part of a proven system of operation. Your franchisor offers a concept with products and services that have sold successfully. You have history to learn from and to help you predict your own future.

Faster Start

You have a short learning curve as a franchise owner because you have assistance from a franchisor with lots of experience to draw upon in starting other new operations successfully. You and your personnel often get on-the-job instruction.

Less Risk

Your chances of failure are lower with a franchise operation, because of the experience, expertise and proven resources that support you in your business. Franchises succeed at the rate of 90%.

Low Investment

Most franchises keep their front-end investment demands low, which favors new entrepreneurs. Moreover, a franchisor will often help new franchisees borrow by facilitating arrangements with lending institutions, which look positively on lending to franchisees because of their high success rates.

Purchasing Power

The group purchasing power of franchisees can make a big diffference in your costs of doing business. Large buying groups can typically demand significantly lower prices on goods and services.

Name Recognition

With an established franchise, you get the benefits that accrue from marketing an established brand of products or services. With a new franchise, you can grow and contribute to the creation of the brand.

Business Support

As a franchisee, you will generally receive valuable, ongoing business support, including site selection, training, recipies, marketing, new technology and more. Franchisors will assist you in developing a business plan, in learning the best ways to hire and manage personnel, and in how to profitably manage your facility.

Personal Fulfillment

As a franchisee, you are your own operator, working for yourself, controlling your risks and charting your own course. Few business opportunities offer the possibilities of more satisfaction. You are a member of a family of business people with the same interestfranchisees helping one another.

Complete Franchise Consulting Services to Help You Succeed

Charter Franchise Group offers a full range of consulting services to help you buy a franchise and help you succeed as an independent owner-operator of a proven franchise concept. We can assist you with everything from evaluating a franchise to helping you get financing to recommending sales strategies.