Owner-Operator Franchisees
Owner-operator franchises often suit couples and are a very popular option for franchisees wanting to earn a better income, have job security, and be in control of their working hours. The owner-operator model is very common in trades & services, and retail franchises.
Small Team
Some franchisees want to build a bigger business but are aware of their own limitations and lack of experience. They see the value in buying a franchise business that is easily scalable and comes with established and proven systems, along with a built-in support resource from a franchisor eager to coach and see them grow and succeed.
Investor Franchises
The investor franchisee has business experience and likely owns or has interests in other businesses but sees merit in the franchisor's brand and model and will operate more as an investor and staff the business rather than work in it themselves day to day.
Conversion Franchises
Through conversion franchising, existing independent business operators offering the same or similar products or services opt to rebrand their business and adapt to the franchisor's system but are provided with the support of the franchisor and benefit from brand strength and buying power. This franchisee may be finding independent business ownership a bit tough and is looking for strength (and support) in numbers!