The advantages of being a franchisee may include:

• Owning your own small business with the benefit of a larger business network and system, which may provide added security;
• Access to business knowledge and planning, management skills, marketing skills and product knowledge;
• Pre-opening support from the franchisor, including site selection and fit-out, financing, training and market knowledge.
• Ongoing support from the franchisor, including training and management, advertising, operating procedures and assistance, growth of the product or service and the franchise;
• Building on an established product or service with existing brand recognition and an established reputation and image, which may reduce business venture risks;
• The franchisor may be able to negotiate favourable conditions or interest rates with your financial institutions or suppliers; and
• Consistency in service and product.