---
title: "Forbes: Why Owning a Franchise Business Is Good for Your Family"
url: https://burnaze.com/article/87c434e4-0349-4c38-b132-217c1e9f3529
source: "1851 Franchise"
original_url: https://1851franchise.com/forbes-why-owning-a-franchise-business-is-good-for-your-family-2706236
category: "Franchisors"
industry: "Franchise Industry"
segment: "Franchisors"
published: 2018-04-10T18:13:26.000Z
modified: 2026-11-01T02:31:58.990Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/9365cba5597f3defbaf3d9aa509914ff7731.jpg
---

# Forbes: Why Owning a Franchise Business Is Good for Your Family

**TL;DR:** Forbes reports that owning a franchise business is good for the family, citing a 74% satisfaction rate among independent workers. A family business teaches responsibility and allows owners to control their work-life balance.

*originally published in 1851 Franchise on 2018-04-10. [Read the original](https://1851franchise.com/forbes-why-owning-a-franchise-business-is-good-for-your-family-2706236).*

## Story

Regardless of the industry that franchisees invest in, there’s one thing that’s consistent across the board: local owners view breaking into the industry as a smart move for their entire family. And according to a recent article in Forbes, there’s evidence to back that claim up. The 2017 State of Independence Report found that 74 percent of independent workers were satisfied with their choice, marking the highest level seen in the seven years since the report first began.

Beyond that statistic, Forbes notes that there are other reasons why investing in a franchise is a good move for the entire family. For starters, a family business teaches responsibility—even at a young age. Business owners also have the ability to control their own work-life balance, and family businesses are able to be more involved in their local communities. Owning a franchise also creates a legacy, which can then be passed down through generations.

## Entities

- 1851 Franchise (publication)
- Franchise Industry (sector)
- Forbes (company)
- work life balance (topic)
- franchise business (topic)
- family ownership (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/forbes-why-owning-a-franchise-business-is-good-for-your-family-2706236). Summarized by Burnaze (https://burnaze.com/article/87c434e4-0349-4c38-b132-217c1e9f3529).