What are the pros and cons of being a franchisee?

The pros and cons of being a franchisee relate to consumer loyalty, low risk, and initial expenses. Here are the top pros and cons of being a franchisee: Pros:

What is a franchise owner and how to become one

Updated January 8, 2025

4 min read

Quoted Expert

Robin Jarvis

Franchise owners own and operate a franchised business. They pay an initial fee to the franchisor for the right to use their business model, branding, and support in operating the business. The franchise owner is responsible for managing day-to-day operations, hiring and training staff, and ensuring that the business meets the standards set by the franchisor. The success of a franchise owner is dependent on their ability to follow the franchisor's established system and provide quality products or services to customers.

What general advice would you give to a Franchise Owner?

Robin Jarvis

Director of Career and Internship Services, Culver-Stockton College

Be flexible. Employment trends were shifting and changing, before the pandemic hit, and we can expect more change in the days ahead. Opportunities are still out there, and we will recover from these challenges. I anticipate growth after stabilization and the creation of jobs that don't exist today. Be willing to take the skills you learned in college and apply them to a wide array of opportunities. Explore careers outside your area of study, and never stop learning. Most important - network, network, network!

ScoreFranchise OwnerUS Average

Salary

3.9

Avg. Salary $49,588

Avg. Salary $59,228

Stability Level

9.6

Growth Rate 6%

Growth Rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.47%

Asian 6.41%

Black or African American 6.24%

Hispanic or Latino 15.38%

Unknown 4.34%

White 67.15%

Gender

female 30.98%

male 69.02%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress Level

9.6

Stress level is very high

7.1 - high

Complexity Level

9.2

Complexity Level is advanced

7 - challenging

Work Life Balance

3.6

Work Life balance is poor

6.4 - fair

What are the pros and cons of being a Franchise Owner?

Pros

Established brand recognition
Greater likelihood of success compared to starting an independent business
Ongoing research and development by the franchisor
Assistance with site selection and lease negotiations
Ability to tap into national and regional marketing campaigns

Cons

High initial investment costs
Ongoing fees and royalties paid to the franchisor
Limited independence in decision making
Risk of negative impact on reputation due to actions of other franchisees
Vulnerability to changes in the franchisor's business model or leadership

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Key steps to become a franchise owner

Explore franchise owner education requirements

Most common franchise owner degrees

Bachelor's

62.4 %

Associate

15.3 %

Master's

9.4 %

Start to develop specific franchise owner skills

Skills	Percentages
Commercial Cleaning	57.36%
Senior Care	30.34%
Customer Service	2.96%
Payroll	1.84%
Franchise Business	1.26%

Complete relevant franchise owner training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New franchise owners learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a franchise owner based on U.S. Bureau of Labor Statistics data and data from real franchise owner resumes.

Gain additional franchise owner certifications

Franchise owner certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific franchise owner certification, having one may help you stand out relative to other applicants.

The most common certifications for franchise owners include Certified Sales Professional (CSP) and Certified Professional - Human Resource (IPMA-CP).

More About Certifications

Research franchise owner duties and responsibilities

Manage preparation and growth of monthly email newsletter, Facebook interface.
manage all account payable and accounts receivable, A/P aging, A/R aging.
Manage website and administer social media platforms such as Facebook to boost traffic and business sales.
Own and manage apartment community; perform scheduling, data entry, marketing, A/P, A/R, payroll and advertising.

Prepare your franchise owner resume

When your background is strong enough, you can start writing your franchise owner resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a franchise owner resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Franchise Owner Resume templates

Build a professional Franchise Owner resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Franchise Owner resume.

Apply for franchise owner jobs

Now it's time to start searching for a franchise owner job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do franchise owners rate their job?

-/5

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Franchise Owner reviews

A zippia user wrote a review on Jan 2020

Pros

Meeting achieving and surpassing any goals needed to catipult a company that I can stand behind.

Cons

Lazy Phonies

A zippia user wrote a review on Jul 2019