Buying a franchise business is easier than ever. From work-at-home to storefronts and restaurants, there's something for every interest and budget. 

The best thing about owning a franchise is that it could help you retire earlier than you could if you worked for someone else. If you work hard in the beginning and invest the money back into the business, you could find financial freedom in a relatively short period of time.

Here's an overview of why buying a franchise makes sense if want to retire early, including finding advice, financing, and support. Why settle for reading other peoples' success stories, when you could make your own?

Benefits of Buying a Franchise Business

Here are five opportunities you get with franchising. As you'll see, you will have a lot of options and support. What's not to like?

1. You Run the Show

When you run a franchise in a stable industry, there's no need to worry about job security. You're the boss so no one can fire you, and since you're bringing in good business, you don't have to worry about not getting paid. Control of profits is 100% up to you, and you run the show.

2. You Can Use Your 401(k) to Self-fund 

If you're worried about the high fees that come with some of the more profitable franchises, like restaurants, relax. You can use your 401(k) to self-fund your new business. If this interests you, it's good to talk with a business attorney in your state to learn how it's done.

3. Banks Will Lend More Readily With Franchise Backing

A franchise purchase usually means you have to have money saved up, go in with other investors, or borrow the money. If you choose to borrow, the good news is that most banks are franchise-friendly.

Instead of having to pitch a totally new business idea to the bank and deal with their skepticism, you can show them data from other franchises. This will give them an idea of the ROI, or return on investment, that they can expect. And 9 times out of 10, they'll lend you the startup funding you need.

4. Recession Proof Income

If you choose the right franchise, you'll be guaranteed steady income even through a recession. Categories like senior care, child care, tutoring, car repair, and hair care are a few examples that do well when times get tough. They survive because they are essential services everyone depends on.

5. Guidance and Coaching to Help You Succeed

Most franchises go above and beyond to support their franchisees. Since you are part of their brand and represent them to the public, they will invest in you. If you are worried about aspects of starting your new business, they will support you and give you guidance.

Talk to the Experts

Buying a franchise business involves some careful research and planning. When you're looking for expert advice, we can assist you. Over the years, we've helped hundreds of franchise businesses get started.



We can answer your questions with confidence because we know the market and have been able to help so many people be successful at this. To discuss your business interests and take our Personal Franchise Assessment, contact us today.