Lunchtime takeaway: Characteristics of franchisees

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

Staff

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