Which of these is a reason to buy a franchise rather than starting a new business?

Choosing to buy a franchise rather than starting a new business can be particularly appealing for a number of reasons, one of which is the access to a proven system. When you invest in a franchise, you benefit from an established business model that has already been tested in the market. This includes operational procedures, marketing strategies, supplier relationships, and often, brand recognition.

Having a proven system drastically reduces the risks associated with starting a new business from scratch. You are more likely to succeed because you are adopting a method that has demonstrated success elsewhere. This is especially advantageous for those who may lack the entrepreneurial experience or resources to create a business model on their own, as the franchisor provides training and support to help navigate the complexities of running the business.

In contrast, complete autonomy — the ability to run your business exactly as you see fit — is often limited in franchise arrangements, where adherence to the franchisor's guidelines is required. Additionally, lower market saturation is not inherently guaranteed for franchises, as many markets are already populated with franchise brands. Thus, the appeal of buying a franchise primarily lies in leveraging a proven system that can enhance the likelihood of business success.