Having been in the start up business for 20 years I know the pitfalls. The money wasted purchasing the wrong equipment, the time spent on ill advised marketing initiatives and the effort put in to working out systems that are efficient have been both costly and time consuming. Having no support system has been difficult and I have definitely made a few bad decisions along the way that have cost me time and money.
The main benefit of becoming a franchise owner is that you can launch a proven business without starting from scratch. You can choose a business in a field that interests you and that you will enjoy owning and operating. The market research, brand, product, necessary equipment and operational system are already in place and proven to work. This isn’t saying you can’t fail, but the odds are a lot more in your favor and you have a support system to help you when you need advise.