Buying a franchise is an effective way for aspiring business owners to transition into the world of entrepreneurship. A franchise can offer a lower risk factor than a non-franchise due to proven systems and processes being in place and not having to create them. Franchising typically has a higher rate of success than new start-ups, not to mention that a franchise can provide a solid and stable foundation for you to effectively transition into becoming a new business owner.
By reading this, you have taken the very first step towards owning your own business. Of all the new franchises that opened in Canada within the last 5 years, 86% are under the same ownership and 97% are still in business – making the purchase of a franchise one of the more appealing ways to become a new business owner.
Pacific M&A and Business Brokers Ltd. will assist you in qualifying, selecting, and purchasing a franchise no matter your level of experience.