Domino's Pizza Enterprises Ltd (Domino's) is the largest pizza chain in Australia in terms of both network store numbers and network sales. It is also the largest franchisee for the Domino’s pizza brand in the world. Domino's holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, Belgium, France, the Netherlands, Japan, Germany, Luxembourg, Denmark and Taiwan. The Domino's brand is owned by Domino's Pizza, Inc, a listed US company. Approximately 19,000 people work under Domino’s, either directly with Domino’s or through its franchised stores. These teams serve an average of ten customers every second across Australia. Yet Domino’s says that it provides prospective franchisees with the opportunity to own a true suburban business. Domino’s believes that its ordering system, payment system, and other digital technologies enable franchisees to provide customised menu assortments that reflect the localised needs and preferences of customers. Thus, franchisees can always have the products customers want whenever they step into a local store. Domino’s also promises to prepare its franchisees for success by providing initial and ongoing training, financial assistance, payroll services, twice-a-week consulting services and other support.
Question In this scenario, discuss whether Domino’s franchise model lives up to the statement often heard in franchising circles that: "Franchising lets you go into business for yourself but not by yourself" (400 words)