Why is Franchising So Popular?

Ever wondered why so many Australians are investing in a franchise business? Here are just a few of the reasons why franchising is so popular!

Business Ownership with Reduced Risk

When you own a franchise business, you’ll have a business playbook, mentorship, and a support system rolled into one. These benefits act as a business starter kit to increase your chances of success from day dot. In fact, did you know that owning a franchise instead of starting a business from scratch can double your chance of success? Only 40% of Australian businesses started from scratch survive the first three years. In contrast, around 80% of franchise businesses survive three years and beyond.

Established Branding

Imagine this—you’re the proud owner of a new business, and instead of carefully building your brand from the ground up, you’re allowed to slap a well-known logo on the front door. Sounds pretty good! People love familiarity, and when they recognise a brand, they’re more likely to trust it. Franchises come with built-in brand power, giving you a head start with your potential customers.

Training and Support

Managing finances, handling marketing, and navigating the labyrinth of regulations can be overwhelming for experienced businesspeople and novices alike. Franchising can help here, too. Most franchisors, like Simply Helping, provide in-depth training programs that cover everything from day-to-day operations to customer service and hiring staff. Plus, you’ll have access to expert support systems for the life of your franchise agreement, so you’ll never have to go it alone.

The Power of Peers

When you own a franchise, you’re not just starting a business—you’re becoming part of a franchise network. Many franchisors foster a tight-knit community where franchisees collaborate, share insights, and celebrate each other’s successes. This community connection isn’t just good for morale. It’s a lifeline that can make the difference between your business surviving and thriving.

Are you looking for a business opportunity in a booming industry? We can help! Here at Simply Helping, we’re one of Australia’s leading home care providers, and we have a limited number of home care franchises available now. Why start a business in home care? For starters, the home care industry is growing rapidly in Australia with no sign of slowing down. So, turn your passion for others into a successful business; click here to learn more and submit an enquiry for your new home care business today!