A major advantages franchises afford business owners is the ability to start a business quickly, based on a proven service or product under a specifically branded name. This is because the investor is provided with already existing tools and infrastructure, rather than having to develop them on there own.
The Franchise concept is proving to work best with brands that have specific characteristics.
Proven short and long term profitability
Can be replicated with ease
Detailed systems, processes and procedures
Create a unique brand doing it differently than everyone else
Is attractive to large geographic aria
Overall simple to run and maintain
Reasonably low cost to run and maintain