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Starting a
Franchise
Buying into a franchise is one option to starting a business. When you
purchase a franchise you are basically paying for the right to market an already
established product or service owned by somebody else (the franchisor). There
are many advantages to buying into a franchise (e.g. opening the business
faster, quicker way to gain customers, having less risk, etc.) but there are
many things that you need to watch out as well (e.g. fees, loss of
independence).
Before sinking your savings into a brand-name franchise, learn how the franchise
is managed, the fees involved, and expectations from the franchisees.
Starting a Franchise section is your source of information, tools and resources for
starting your own franchise business.
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