Franchises are special because they provide entrepreneurs with much needed support and resources for success. Compared to starting a completely independent business, potential franchisees benefit from a business model that has already been proven to work. Also, franchisors put together comprehensive training programs and offer ongoing support throughout the life of the business, providing a stepping stone to success. For example, when an aspiring entrepreneur purchases a franchise, they can expect to receive guidance from the franchisor in building their business. This can include everything from guidance in creating a marketing plan to actual hands-on assistance for the day-to-day operations. Franchisors also provide ongoing support in order to help make sure the franchised business is meeting its goals. That’s not all. A major reason why this model has become so popular is because a successful concept has already been established. It offers a shortcut to success, as it eliminates the need to create and test a new product/service. The established brand, product, and services offer a much better chance of success than starting an independent venture. With a franchise, there is less risk involved, which is certainly appealing to those who are just getting their feet wet in the business world. Ultimately, franchises are special because they provide entrepreneurs with the best opportunity to be their own boss while still having the security that comes from working with a proven business model and having the support network of the franchisor. This unique combination balances the risks associated with business ownership, giving potential franchisees a successful foundation for success.