Going into business for yourself requires strong drive to achieve. After all, “no salaried manager will ever care as much as the owner about the profitability of that business.”
Thanks to the advantages of the franchise model, these local businesses:
- Drive 1.8 times higher sales than comparable non-franchise establishments
- Provide 2.3 times as many jobs than their non-franchise counterparts
- Pass their success on to employees in the form of higher wages and benefits and greater opportunity for advancement
Local ownership also translates into local knowledge and adaptability, local hiring, local purchasing, and local engagement.