Lunchtime takeaway: Characteristics of franchisees

By Staff | September 28, 2012 | Last updated on September 28, 2012
1 min read

We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway.

Today’s takeaway is…

Characteristics of franchisees

  • Almost half (45%) of franchisees considered starting their own independent businesses
  • Males (50%) were more likely than females (36%) to consider starting their own business
  • Majority of franchisees (69%) are 35 years to 54 years old
  • Almost half of franchisees (47%) consider existing franchisees to be most credible sources of information

Source: Gowling Lafleur Henderson LLP

Read: When clients want to open a franchise > staff


The staff of have been covering news for financial advisors since 1998.