Every franchise you see is operated by a franchisee who once had a normal job but wanted to do something on his or her own. Some are even earning less than they did before but feel happier as a result.The majority, however, are earning much more and are enjoying life more as a result.
In the US there are over 800,000 frachised business operations. The top 10 franchises in 2005 were
Mcdonalds 30,000 units
7-eleven 29,000 units
burger king 11,104 units
pizza hut 12,500 units
subway 24,000 units
Whatever system or franchise you buy into, it is unique because there are 2 interested parties. One is you as the franchisee willing to spend money and operate a system.
The other is the franchisor who wants to expand his business without spending any money
Becoming a a franchisee involves you in paying a basic fee and agree to operate specific business for maybe 10 or 15 years.At the end of this time if it goes well you may be offered a renewal by the franchisor.