What Is a Franchise?
When considering becoming self-employed, one might contemplate whether to develop a startup or invest in an existing franchise. So, what is a franchise?
A franchise involves a company (franchisor) granting an individual (franchisee) the right to operate a branch of their business. This permission is provided for a specific area and comes with guidelines to ensure brand consistency is maintained.

Starting an independent business involves some risks. Franchises, by contrast, are often considered a more stable investment. Research indicates that while many startups do not succeed, franchises have a higher success rate due to their built-in support, assistance, and established brand recognition.
Franchises Provide Assistance
A thriving business needs solid support. Franchises are established companies that offer essential help at the start. Depending on your franchise terms, this often includes branding, supplies, and an advertising plan.
Franchisors often offer support throughout the business journey. They provide training, consultations, helplines, and other resources to share their knowledge and expertise, providing the necessary information to operate a business effectively.
Brand Recognition
Unlike startups, franchises offer instant brand recognition. Building a business from scratch requires time to establish trust and familiarity with potential customers.
Franchises have an existing customer base familiar with your business and offerings.
Higher Success Rate
Running an independent business is very risky. While opening a franchise has some uncertainty, it’s generally less risky due to franchisor support, brand recognition, and a proven business model. Moreover, the lower risk of franchises can help you qualify for SBA loans.
Hundred Acre Consulting
Business ownership can be a very tempting concept for new entrepreneurs and veterans alike. If you’re weighing whether to strike out on your own or invest in a franchise, it’s wise to first get a professional opinion from someone who can help you make the perfect decision based on your skills and knowledge.
Hundred Acre Consulting boasts over 17 years of expertise in franchise consulting. Our extensive experience and industry connections enable us to provide you with exceptional guidance for your profitable franchise investment.
Ready to get started? To learn more about our services, contact our team today!










































