Sick of the 9-5 grind and the micromanaging boss? You're not alone. Around 85% of Americans hate their jobs. 



If you're not one of the lucky few happy in a job, owning a franchise may be the way forward. There are many advantages of owning a franchise, one of which is waving goodbye to that awful boss. 

However, if you want to own a successful franchise, you need to do your research first. The right franchise can catapult you to success, so make sure you learn exactly what to look for. 

Read on for an essential, need-to-know guide to franchising. 

What Exactly Is a Franchise? 

Back to basics, a Franchise is where you buy into an established company. Typically you would run a store or area within the business and reap some of the profits. 

In this way, you are your own boss, but the parent company gives you a certain level of protection and support. Some of the better-known franchises out there are McDonald's, Chick-Fil-A, and Taco Bell.

Why Should I Own a Franchise?

One of the common reasons for owning a franchise is the automatic name recognition that comes with it. Your chances of success are way higher than if you built a business from scratch. With a franchise, you get training, support, and access to marketing materials. 

But the benefits of owning a franchise are also seen in personal job satisfaction. You really do run the show. All it takes is the initial buy-in, and then you're the boss. 

Which Franchise Should I Buy? 

If franchise ownership sounds like something you'd love, it's time to start your research. Unless you're a die-hard McDonalds fan, you have a decision to make because there are over 4000 business models to choose from. 

You should research the company profits, trends in the last five years, and if possible, speak with other franchise owners. Each franchise company will offer different perks, benefits and have its downfalls - there's something for everyone as long as you search carefully. 

How Do I Buy a Franchise? 

When you buy a franchise, you mustn't rush into a decision. You have to use patience and commitment - it isn't a get-rich-quick scheme (but it may well make you rich if you do it right). 

You should identify the brands you'd like to buy into and research the opportunities available. 

It's highly recommended that you consult a franchise consultant to help you through all the legal stuff and get you the best deal. Finally, you buy in and launch your franchise. 

Owning a franchise: The Life You Always Dreamed of 

If you want to be your own boss, owning a franchise is the way forward. Whether it's the free fries or the team of employees that motivates you, the sooner you get started, the sooner you'll see success. 

Our franchise consultants are just the click of a button away to help you find your perfect franchise. Contact us today!