Aspiring entrepreneurs decide to invest in franchise business ownership for myriad reasons. Some fall in love with a product or service to the point that they decide to purchase a franchise unit. Some are looking to diversify their investments and like the franchise business model for capital growth. Often, it’s people who have spent decades working in corporate America and have decided they are ready to “do their own thing.”

Every franchise candidate is unique. However, they almost all agree on one key reason to become a franchise owner: They see it as a good thing for their family. They are correct.

Studies show that business owners are happier than employees, with 43% of small-business owners saying they feel happy at work compared to 27% of their peers at large businesses. The 2017 State of Independence report found that 74% of independent workers were very satisfied with their choice — the highest level in the seven years since the report began, and up from 65% in 2016.

While it may seem intuitive, studies also show that happy parents have happy kids, with researchers believing as much as 45% of children’s happiness may be within their parents’ control. Seeing their parents work together as business partners as well as husband and wife feeds their sense of security while exposing them to the thrill of personal achievement.

Happy parents + happy kids = one happy family.

A family business teaches responsibility.

Gone are the days when the majority of children were expected to work on the family farm or share much responsibility in keeping a household running. Children today live a life of leisure, sleeping late, hanging out with friends and spending countless hours staring at their devices. Some parents combat their children’s sloth with a few domestic chores or treat them with a pet that they must take care of, but they are years away from seeing how those efforts will translate into real-world success.

While it may be difficult for children to find traditional employment before they are at least teenagers, children whose parents are sole proprietors of a small business can work there as early as age 12. That translates to years of extra work experience for children of entrepreneurs. That’s a lot of meaningful education for a child to learn about money, labor, responsibility, community engagement and, of course, entrepreneurship.