What are the benefits of being a franchisee?

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What Are The Benefits Of Being A Franchisee

When starting up a business there are different options to consider, including if the entrepreneur wants to start a business from scratch or consider a franchising opportunity. For that reason, entrepreneurs should be familiar with the potential benefits of being a franchisee.

  • Rewarding: it can be rewarding for the entrepreneur to own their own franchise business and to directly benefit from their hard work.
  • Flexible schedule: owning a franchise business can provide the entrepreneur with flexibility in their schedule and a high level of independence.
  • Minimize risk: by utilizing a proven business model from the franchisor, the franchisee will inherit a tested business model and benefit from the experience and expertise of the franchisor’s business.
  • Benefit from ongoing support and training programs: the franchisee will receive operational and other support from the franchisor. The franchisee will also receive training and support to help them run their franchise successfully.
  • Access to a new business market and economies of scale and benefit from known brand name: the franchisee will be able to benefit from a known brand name of the successful franchisor; benefit from an established market for the goods or services of the business; and take advantage of economies of scale.
  • Marketing materials and marketing support: franchisees can benefit from the marketing efforts of the franchisor which can include marketing teams, marketing materials and regional or national marketing efforts.
  • Greater access to financing: because a franchisee is more likely to enjoy success than an unproven business, they may have greater access to loans and other financing.

There are a variety of important aspects of setting up a franchise, including administrative concerns, insurance, finance, marketing and legal documents. Business law can help franchisees with all of this to get set up for success.


Michael Ritigstein is a Founding Partner of the firm concentrating his efforts in supporting the firm's litigation, corporate and estate matters. Mr. Ritigstein graduated from the University of Delaware in 1996 and Seton Hall University School of Law in 2000. In 2007 he received a Masters of Law in Taxation with a concentration in Estate Planning, from Temple University's Beasley School of Law.

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