Regardless of the industry that franchisees invest in, there’s one thing that’s consistent across the board: local owners view breaking into the industry as a smart move for their entire family. And according to a recent article in Forbes, there’s evidence to back that claim up. The 2017 State of Independence Report found that 74 percent of independent workers were satisfied with their choice, marking the highest level seen in the seven years since the report first began.

Beyond that statistic, Forbes notes that there are other reasons why investing in a franchise is a good move for the entire family. For starters, a family business teaches responsibility—even at a young age.  Business owners also have the ability to control their own work-life balance, and family businesses are able to be more involved in their local communities. Owning a franchise also creates a legacy, which can then be passed down through generations.

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Cassidy McAloon

About the Author

Cassidy McAloon

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Cassie has over five years of digital and traditional media experience. She joined NLA after working as a television news producer in both Milwaukee and Chicago, and now specializes in aligning strategies across the board for her clients, ultimately building buzz and telling compelling stories through content marketing, social media, digital campaigns and traditional PR.

Cassie has a Bachelor of Arts in Broadcast and Electronic Communications from Marquette University. In her spare time, Cassie enjoys traveling and exploring what new cities have to offer in addition to spending time with her friends and family.