Franchises are Good Investments

There are many different types of business individuals throughout the world, but one type of person that would take up a franchise as their own and succeed at it someone who has an entrepreneurial type of attitude. There are many reasons for investing in a franchise, but an individual who is a real go-getter and [...]

Franching vs. Licensing

In the early years of franchising, when the concept was just being developed, companies sold licenses and took licensing fees when they granted a local businessperson the right to sell its products. Today, licensing has a much different meaning than franchising.
Companies, like soft drink bottlers and distributors, that only license products or services today are [...]

Franchise Business Relationship

Before looking for right Franchise Opportunities to get started, you must understand the nature of franchise business relationship! Federal Trade Commission (FTC) specifies that three key elements must exist in order for there to be a franchise business relationship:
1. The franchisor must grant limited rights to use the company’s trade name, service mark, logo, [...]

What is Franchise?

At its most basic level, franchise is a business relationship. In fact, franchise is the most relationally intense business concept that exists. This relationship links a company that wants to distribute a product or service and an entrepreneur who searches for franchise opportunities to run his or her own business. In both types of [...]