When talking about high-quality franchises, it's a useful vehicle for people whose talent is in recruiting/managing a low-skill workforce and promoting a busine

When talking about high-quality franchises, it's a useful vehicle for people whose talent is in recruiting/managing a low-skill workforce and promoting a business within their community. Also, high-net worth people looking for stable businesses. I get how it could seem terribly boring to a creative person, but it seems to function a bit like an annuity. This article is a good overview of who franchises appeal to (and why): https://www.bostonglobe.com/magazine/2014/09/17/the-secret-world-dunkin-donuts-franchise-kings/pb2UmxauJrZv08wcBig6CO/story.html https://www.bostonglobe.com/magazine/2014/09/17/the-secret-w... This class of trade is impressive because you need to have several million dollars of liquid wealth to get started. There's a whole other class of franchises which are basically built to bilk the aspiring middle class and charge $30-100K for nebulous advice and marked-up equipment but provide almost no national brand appeal or product development. E.g. almost every frozen yogurt franchise that has sprung up in the last 5-10 years.