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Franchising: A Path to Business Ownership and Growth
Franchising offers a powerful way to own a business while leveraging the success of an established brand.
A survey by the American Psychological Association found that 79% of workers experience work-related stress, with nearly 40% considering changing jobs due to stress.
According to the U.S. Small Business Administration, 45% of veterans are interested in starting or owning their own business after leaving the military.
A 2023 report by Guidant Financial found that 55% of small business owners started their business because they wanted to be their own boss.
Franchises are everywhere, and they’re not just limited to the food industry. There are countless opportunities across various sectors, offering a proven business model with the support to help you succeed. Whether you’re looking for flexibility, independence, or a chance to build something of your own, franchising can be the perfect path forward.
Meet Lance
I have over 30 years’ experience as a Business Owner, Consultant and Executive. I hold an MBA from Wharton, and a BA in Economics from Harvard University. I served 6 years as an officer in the United States Marine Corps attaining the rank of Captain and 5 years with the business consultant firm McKinsey & Company.
Find Your Perfect Franchise
LMX Franchising is your trusted guide to navigating the complex world of franchising. With our expertise, you can find the right opportunity and negotiate the best deal possible, empowering you to confidently become a successful business owner.
Franchising offers a powerful way to own a business while leveraging the success of an established brand. It’s a proven model that allows entrepreneurs to start their journey with the support, systems, and strategies that have already been tested and refined.
Proven Business Model
Franchisees benefit from the franchisor’s experience, reducing the risks of starting a business from scratch. This includes access to an established value proposition, operational processes, and marketing strategies refined for success.
Established Brand
Customers are more likely to choose a brand with a track record over a completely new business, giving franchisees an advantage in gaining market traction.
Training and Support
Franchisors provide extensive training and ongoing support to franchisees, equipping them with the knowledge to run their business efficiently.
Economies of Scale
Franchisees benefit from the collective buying power of the franchise network, which allows for cost savings on supplies, marketing, and technology. These savings can lead to increased profitability and a competitive edge in the marketplace.
Higher Success Rates
Franchises on average have higher success rates than independent startups. Combining a recognized brand, a proven business model, and comprehensive support greatly increases the likelihood of long-term success and profitability.
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