Franchise and Franchise Opportunity
A franchise is a legal and commercial relationship between the owner of a trademark,
service mark, trade name, or advertising symbol and an individual or group wishing
to use that identification in a business.
What
is Franchising?
Franchising is based on mutual trust between the franchisor and franchisee.
Buying a franchise allows you to have name recognition and can obtain training
and ongoing support to help you succeed.
Franchise
- Advantages & Disadvantages
Many people dream of being an entrepreneur. By purchasing a franchise, you often
can sell goods and services that have instant name recognition and can obtain
training and ongoing support to help you succeed. But be cautious. Like any
investment, purchasing a franchise is not a guarantee of success.
Before
buying a Franchise
Buying a franchise can be a rewarding business. However before you make your
final decision ensure that you have done all your homework and that you have
read and understood every minute detail of the franchisor's disclosure document.
Selecting
a Franchise Business
When selecting a franchise, carefully consider a number of factors, such as
the demand for the products or services, competition, the franchisor's background,
and the type of support you will receive.
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