Sample interview questions: What made you choose the franchise model over starting your own independent business?
Sample answer:
Advantages of Choosing the Franchise Model:
Proven Business Model: Franchises offer a tried-and-tested business model that has been successful in other locations, reducing the risk associated with starting a new business.
Established Brand Recognition: Franchisees benefit from the brand recognition and reputation of the franchisor, which helps attract customers and build trust.
Comprehensive Support: Franchises provide ongoing support in various areas such as training, marketing, and operations, ensuring a smooth and structured business launch.
Access to Resources: Franchisees have access to valuable resources and tools provided by the franchisor, such as supply chains, technology, and marketing materials.
Reduced Overhead Costs: Franchises often benefit from economies of scale and can leverage the purchasing power of the franchisor, leading to lower operating costs.
Higher Success Rates: Read full answer