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Franchise Businesses

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Is a franchise a ready-made recipe for success? Very possibly! But do your homework before you make the plunge to purchase a franchise outlet of any kind. This section discusses the unique opportunity presented by a franchise offering.</p>

Want to be your own boss, but not willing to take on the risk of starting your own business from scratch? Franchising can be a great alternative if you want to have some guidance in the start-up phase of the business.

What is Franchising?

A franchise is a business model that involves one business owner licensing trademarks and methods to an independent entrepreneur. Sometimes, franchises are referred to as chains.

There are two primary forms of franchising:

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