Franchise business models offer several benefits for both franchisors and franchisees.

Here are some of the key advantages:

(1) Well-known name:- you can use a brand that many people already know and trust.  

(2) Proven plan:- the company already has a good way of doing business that has been proven by others. You don't have to solve everything from scratch.

(3) Help & training:- the company will teach you how to run the company and continue to support you as you go along

(4) Cost savings:- you can purchase things like supplies and equipment at a lower cost because the company buys many at once.

(5) Access to ideas:- you can learn more about new products and business opportunities.

(6) Advertise together:- the company advertises for everyone and you can benefit from it.

(7) Lower risk:- it's safer to start a franchise because other people have already done the same thing successfully.

(8) Exclusive area:- you may be the only one in your area running the same business, so you have less competition.

(9) Guidance in operations the business:-  the company will help you learn everything from how the business operates to how to deal with customers.

(10) Be your own boss:- you can run your own company but also receive support from the company.  

(11) Get started quickly:- you can start your business faster because the company helps you build it.

Remember that while there are good things about franchises, they are no guarantee that your business will always do well. You still have to work hard and be smart to make it a success.