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Salary and Benefits

Franchise Owner
$59K-$73K / yr. (est.)
$60K
$66,444 / year
$73K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Franchise Owner

What does a Franchise Owner do?

As Franchise Owners, we are responsible for conducting business under an established brand. We recruit and train employees, maintain records and implement legal regulations. We comply with branding instructions and maintain the quality and service standards. Dealing with customers and addressing and resolving their complaints is one of our daily responsibilities. We ensure every person working in the company follows the franchisor’s rules. We recruit and train new employees and create local marketing campaigns. Working as Franchise Owners, we allocate budgets and select effective marketing strategies. We also monitor and manage funds required and issued for the company.

Core tasks:

  • manage finance
  • monitor employee performance
  • increase sales and profit through effective marketing

Insights

How Many Years of Experience Do Professionals Need Before Becoming Franchise Owner?
On average, people work 5-7 years in other positions prior to becoming a Franchise Owner.
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Restaurant ManagerLos Angeles, CA - 10 months ago
Wait, do those years include managing a restaurant? Because I've been doing that for 4 years now!
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Marketing CoordinatorSeattle, WA - 10 months ago
😤 This is just another way for corporations to exploit talented individuals by making them 'earn the right' to be their own boss.
How Long Do Franchise Owner Employees Typically Stay in Their Roles?
On average, Franchise Owners works in this position for 5+ years across multiple employers.
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StudentNew York City, NY - 10 months ago
woww 😮 well I never even thought of this as a career option before, but it sounds kinda cool tbh
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EntrepreneurSan Francisco, CA - 10 months ago
The journey of a Franchise Owner is a rollercoaster ride full of hard work and big rewards. It's not for everyone, but those who succeed thrive in it. ❤
What Is the Job Hopper Score for Franchise Owner Employees?
Moderate job changes in Franchise Owner, showing some career movement without excessive turnover.
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Marketing ManagerHouston, TX - 10 months ago
As a Franchise Owner, it's important to have a strong marketing strategy to attract customers and stand out in the competitive market.
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AccountantMiami, FL - 10 months ago
Being a Franchise Owner requires meticulous financial planning and careful management of expenses. Don't underestimate the numbers!

Career path

Path to job

Discover a Franchise Owner's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Franchise Owner typically studied at.
Texas A&M University-Texarkana
The Ohio State University

Community

Demographics

What Is the Age and Gender Ratio of Franchise Owner Employees?
Gender ratio in Franchise Owner position: 0.747453996567749 Male and 0.252546003432251 Female. Age ratio in Franchise Owner position: 16-20: 5%, 21-30: 33%, 31-40: 33%, 41-50: 19%, 51-60: 8%, 60+: 2%. Franchise Owner position is predominantly male (74.7%) with the largest age group being 31-40 years old, followed by 21-30 years old.
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Franchise OwnerMiami, FL - 10 months ago
I think the reason for the male dominance is due to unequal access to capital and resources for women in entrepreneurship. 💰
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Franchise OwnerSan Francisco, CA - 10 months ago
Age is just a number! We need to create more opportunities and support for people of all ages to become successful franchise owners. 🔥

Workplaces

Who Are the Top Employers for Franchise Owner?
Top employers of Franchise Owner position: Cruise Planners Travel Agency, Express Employment Professionals, Liberty Tax Service. People who work in Franchise Owner position most typically go on to work for the Cruise Planners Travel Agency.
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Franchise OwnerSeattle, WA - 10 months ago
I've been thinking of becoming a Franchise Owner. Can someone provide more information on how to get started in this field?
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Franchise OwnerHouston, TX - 10 months ago
If anyone has had experience working for Cruise Planners Travel Agency as a Franchise Owner, please share both pros and cons!
Cruise Planners Travel Agency
Express Employment Professionals
Liberty Tax Service
What Industries Does Franchise Owner Typically Have Experience In?
Industry Background: The most typical industries of Franchise Owner: Construction, Manufacturing, Professional / Scientific / Technical, Administrative & Support, Retail. Franchise Owner employees most likely come from a Construction industry background.
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Franchise OwnerNew York City, NY - 10 months ago
I've heard that owning a franchise can be really profitable, but how much control do Franchise Owners actually have over the pricing of their products or services?
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Franchise OwnerMiami, FL - 10 months ago
🤔 I wonder, what are the biggest challenges that Franchise Owners face on a day-to-day basis, besides competition from other businesses?

Find your job as Franchise Owner

Discussion about Franchise Owner

Want to know more about Franchise Owner position?
Share your thoughts and ideas about Franchise Owner position with others in our community.
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Do a lot of women work as a Franchise Owner?
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Benjamin Gardner3 years ago
More men than women work as a Franchise Owner.
What is the typical age to work as a Franchise Owner?
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Sophie Hayes3 years ago
People working as a Franchise Owner are 35 old on average.
Is a Franchise Owner considered to be a junior profession?
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Sophie Hayes3 years ago
You should work for 6 years on average to become a Franchise Owner.
Which industries does a Franchise Owner typically work in?
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Benjamin Gardner3 years ago
Construction employs the most.
What kind of higher education a Franchise Owner need?
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Benjamin Gardner3 years ago
As a Franchise Owner you’ll probably need No higher education
Which company employs the most people in the Franchise Owner role?
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Benjamin Gardner3 years ago
It’s common for a Franchise Owner to work for Cruise Planners Travel Agency, Express Employment Professionals, Liberty Tax Service and Subway
How many years of experience as a Franchise Owner is needed in average to switch to another position?
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Liam Brown3 years ago
On average people change after more than 5 years.
Is it frequent for people to switch companies and still work as a Franchise Owner?
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Sophie Hayes3 years ago
The job hopper score is medium for a Franchise Owner.
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.