All of us here at BizFranHub understand the decision to buy a franchise business is never an easy one. There are no guarantees in the business and every business opportunity has a certain level of risk associated with it.
Many people would prefer to be their own boss, or have an opportunity to build something beyond a paycheck. However, many people decide against going into business for themselves, because of the risk involved. In fact, most small businesses fail within the first five years of opening their doors.
The idea to buy a franchise becomes a lot more enticing because the success rate is typically much higher.
Being able to buy into a franchise opportunity has encouraged more people to take on the challenge of entrepreneurship. Entrepreneurs like franchise opportunities, because they tend to level the playing the field a little bit.