Of 100 franchises opened in any given year, more than 80% will still be operating in five year's time, and most of those will still be owned and operated by the same people.

The franchise industry has created 40,000 new jobs over the past four years.

There are no guarantees in business. However franchising has proven that it can provide a vastly improved chance of success for people who want to take control of their lives by owning and operating their own business.

What makes a franchise different? In short, it's the support and services offered by the franchisor, who has developed the business, survived and learned from the mistakes that all too often cripple stand-alone small businesses.

In effect, a franchise is a license, or a deed granted to a franchisee to operate a business using the brand and systems established by the franchisor.

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