1851

Owning a franchise is a perfect example of the American dream. Anyone can buy in and build their business as far as they want to go, defining whatever success may look like for their chosen brand.&nbsp;Franchisees purchase brand rights from a franchisor, giving them access to franchising benefits like:&nbsp;<ul><li>The ability to be your own boss — no experience necessary.</li><li>Already-established business practices and built-in assistance.</li><li>Instant brand recognition with a customer base.</li><li>Franchisor buying power with suppliers.</li><li>Lower risk for failure, making financing easier.</li><li>Increased profitability from a trusted brand.</li></ul><h2>The 6 advantages of franchising</h2><h3>No Experience Necessary</h3>Franchisees come from all sorts of <a href="https://1851franchise.com/what-experience-do-you-need-to-open-a-franchise-2714635">backgrounds and industries</a>. They can run their own business and be their own boss with the added benefit of a knowledgeable, established organization behind them.&nbsp;Just imagine making your own schedule, deciding when and where you work and who works with or for you. The business already exists; you just have to run it.&nbsp;<h3>Built-In Business Practices &amp; Assistance</h3>A franchise provides support and an established product, giving franchisees an edge in the business world. They’re not starting from ground level. They’re selling a proven service with high standards mandated in their franchise agreement.&nbsp;The support franchises often provide before a launch <a href="https://www.nerdwallet.com/article/small-business/advantages-of-franchising?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-are-the-benefits-of-owning-a-franchise-2716498" target="_blank" rel="nofollow">might include</a> training, planning the grand opening or finding a brick-and-mortar location, if necessary. And that support extends through the relationship, with services like marketing, advertising, operations and ongoing training.&nbsp;<h3>Brand Recognition &amp; Customer Base</h3>Franchises don’t have to start from scratch. They have the benefit of <a href="https://1851franchise.com/what-do-restaurant-franchises-look-for-in-a-market-2716367">brand recognition</a>, and customers are already familiar with their business.&nbsp;Consumers already know what they’re getting with a franchise, so franchisees are met with a loyalty base to start making a profit on day one.&nbsp;<h3>Buying Power</h3>Franchisors are well-connected with suppliers and vendors. Products and materials will be less expensive when bought in bulk and distributed to franchisees.&nbsp;<h3>Lower Risk &amp; Failure Rate</h3>Financing will be easier with a less risky company. Franchisees are joining a brand already in progress. They’re skipping the startup and getting a ton of support, which makes for a more reliable investment.&nbsp;Even better, the <a href="https://www.sba.gov/document/support-sba-franchise-directory?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-are-the-benefits-of-owning-a-franchise-2716498" target="_blank" rel="nofollow">U.S. Small Business Administration</a> offers loans specifically for franchises. Check the SBA directory for a list of fundable franchises.&nbsp;<h3>More Profit</h3>While franchises provide support, franchisees are on the hook for costs relating to startup, accounting and payroll and other local business functions. This allows the larger franchise organization to function on a more streamlined basis. As a result, the organization can be <a href="https://www.entrepreneur.com/article/252591?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-are-the-benefits-of-owning-a-franchise-2716498" target="_blank" rel="nofollow">more profitable</a> and continue to grow with new franchisees.&nbsp;<h2>The Bottom Line</h2>Franchisors depend on their owners to uphold their brand’s high standards, and they provide a lot of support to make sure that happens. The franchising system is a well-oiled machine with myriad benefits for everyone involved.&nbsp;Related Stories:<ul><li><a href="https://1851franchise.com/what-is-it-like-to-own-a-franchise-2716155">What Is It Like to Own a Franchise?</a></li><li><a href="https://1851franchise.com/3-mistakes-to-avoid-when-buying-a-franchise-2714852">3 Mistakes to Avoid When Buying a Franchise</a></li></ul>

What Are the Benefits of Owning a Franchise? | 1851 Franchise

1851 Franchise

There are many advantages of franchising like a built-in customer base, instant brand recognition, buying power and lower risk. This guide explains the benefits of franchising in detail. 

What are the benefits of owning a franchise?

what-are-the-benefits-of-owning-a-franchise

Fresh Coat

Photo of Jeff and Jenn Berry standing in front of their Fresh Coat Painters vehicle

After Health Concerns Pushed Jeff Berry to a New Opportunity, He Earned Fresh Coat Rookie of the Year in Year One

fresh-coat-franchise-jeff-berry-rookie-of-the-year

Pigtails & Crewcuts

Pigtails & Crewcuts Leadership Team Brings Over 70 Years of Experience to the Table

Pigtails & Crewcuts Leadership Team Brings Over 70 Years of Franchise and Child-Focused Industry Experience to the Table

pigtails-crewcuts-leadership-team-brings-over-70-years-of-franchise-and-child-focused-industry-experience-to-the-table

Dog Training Elite

How Dog Training Elite Helps Individuals With Mental Health Challenges

Training Support That Makes a Difference: How Dog Training Elite Helps Individuals With Mental Health Challenges

training-support-that-makes-a-difference-how-dog-training-elite-helps-individuals-with-mental-health-challenges

TruBlue Home Service Ally

Turn Your Passion for Helping Others Into a Profitable Business With TruBlue Home Service Ally Franchise

turn-your-passion-for-helping-others-into-a-profitable-business-with-trublue-home-service-ally-franchise

Right at Home

Right at Home - What To Expect at Right at Home's Discovery Day - 1851 Franchise

What To Expect When Attending Right at Home’s Discovery Day

right-at-home-discovery-day-what-to-expect

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

McDonald’s To Hire 375,000 Workers as It Prepares for Major U.S. Expansion

mcdonalds-to-hire-375000-workers-as-it-prepares-for-major-us-expansion

Subway Pushes Global Growth Despite U.S. Closures 

subway-pushes-global-growth-despite-us-closures

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

Restaurant Business: Crumbl Cools Its Expansion, Refocuses on Profitability

restaurant-business-crumbl-cools-its-expansion-refocuses-on-profitability

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

1851 Franchisee Spotlight graphic with photo of Steve & Mia Kim & Paris Baguette logo

After Falling in Love with Paris Baguette, This North Carolina Couple Decided To Open One of Their Own

paris-baguette-franchise-charlotte-nc

The Top 20 Cleaning Franchises to Invest in for 2025

top-cleaning-franchises-to-invest-in

The Top 20 Handyman Franchises To Invest in for 2025

top-handyman-franchises-to-invest-in

How Car Sales Taught Buddy's Home Furnishings’ Mitchell Lee the Secrets of Franchise Development

how-car-sales-taught-buddys-home-furnishings-mitchell-lee-the-secrets-of-franchise-development

What are the benefits of owning a franchise?

MORE STORIES LIKE THIS