This is a business in a box. A “ready made” business plan.
This is the biggest crock. Business plans are less than a dime a dozen. You can have them produced for free online. You basically put the numbers in and they run a spreadsheet and give you totals.
We have reduced the risk of going into business.
Reduced the risk for whom? The corporate franchise office is only interested in limiting their own risk. They will not expose themselves to risk just to help you and your business.
Franchise businesses have a greater chance of success.
Compared to what? Statistics can always be skewed to say what you want them to say. In some instances they may have a slightly longer lifespan, but look at the profit margins.
This is the “hot new franchise.”
If I had a dollar for every time I heard this, I would have a lot of dollars. If you hear the words “hot new franchise,” run for the hills.
We provide ongoing training and support.
In some instances they actually do, but in my personal experience and also talking with others in the franchisee business system, the training is from people that have never owned their own business. They are employees of the corporation. They say what they are told to say.
Be your own boss and control your destiny.
Not said that much anymore. FTC has cracked down on statements like these. This can very easily be construed as an illegal earnings claim by the FTC. If you are in a franchise system, you have to do it their way.