How to Get Started in Franchise Development — 3 Paths Forward
Consider the advantages of owning your own business: the ability to act as your own boss, set your schedule, and exercise control over both your financial stability and lifestyle.
This goal is attainable. It is not an unrealistic aspiration or reserved for others alone.

Consider Franchise Development
Owning and running a business can seem daunting at first, but franchise establishments have been growing steadily since 2013.
Every day, individuals with big dreams dive into franchise development, knowing it offers a path to financial independence through a straightforward system.
Why Franchising Works
As many ambitious and thoughtful entrepreneurs are aware, starting a business does not necessarily require beginning from scratch. Franchise development permits the licensing of a brand to operate under the umbrella of a larger, high-profile licensor.
For instance, suppose you have a passion for food service. There is no need to create a restaurant from scratch. Instead, consider franchise development by licensing to a well-known restaurant brand. Opening your own McDonald's, for example, allows you to benefit immediately from brand recognition. According to a recent report by Business Insider, with a franchise fee investment of $45,000, you could generate an average revenue of $2.7 million annually at your store.
While a significant 60% of all restaurants fail in their first year, choosing franchise development over starting a new venture could potentially bring in nearly $3 million. You can partner with any major brand that aligns with your interests and appeals to your target customers—such as one of the most popular restaurants in history in this example.
Furthermore, the potential for substantial success is not limited to the foodservice industry. Across various sectors, investing in franchise development instead of initiating a startup offers opportunities for similar achievements.
3 Ways to Get Started in Franchise Development Today
Looking to capitalize on the brand awareness and proven economic strategies of your favorite franchise? Here are some ways to achieve franchise development success:
- The semi-absentee owner model. In this case, you, as the franchisee, purchase one or more licenses to establish your territory. Then you open and operate the locations with the assistance of trustworthy managers to keep things running smoothly on-site.
- Selling purchased licenses for a percentage. This strategy permits you to acquire a chosen number of licenses before opening a “pilot unit” as a showplace. You can then sell the remaining licenses to be opened under different management, receiving a pre-arranged percentage of the franchise fee and a portion of the royalty from the deal made with the licensor.
- Selling purchased licenses without opening a physical location. This model is like the second in so far as the franchisee purchases X-number of licenses and sells them for a pre-arranged percentage of the franchise fee and a percentage of the royalty. However, with this model, the franchisee is not required to open a unit. This is considered “old school.”
Each path has its pros and cons. A franchise consultant can help you evaluate the options and choose the best strategy.
Ready to start your franchise? Hundred Acre Consulting (HAC) is here to assist. With our experience, we can find the perfect franchise for your goals and skills. Contact us today to begin your journey to franchise success!











































