Yep.Franchises are much like timeshares. Some work, most don't. I attended SBA classes/seminars when I was thinking of a business. 3 yrs to have positive cash flow. 1 yr survival rate. One problem for tech type people, they have no management/business skills so the business guy walks away with the company. Visit Fredericksburg for a couple days to observe, interesting.
85% of startups fail within the first couple of years.