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Franchise is the legal right granted to the franchisee by the franchisor to use his or her ideas, logo, expertise or processes to improve the business. It also refers to legal right granted by government to allow a person or a group to sell products in certain location. Good examples of franchise businesses are McDonald’s and Subway. Franchisee is expected to pay fees for using franchisor’s expertise, ideas and training services offered to him or her. The fee is called royalty. Franchise form of business takes short time but the period can be renewed. During the agreement, there are some rule...

Ice cream franchise opportunities do offer persons the opportunity to own and administer their own unique establishments at very cheap costs. Very few people get to pursue their dreams all due to the belittling factor known as fear. By overcoming this factor you can get to make it big in such a competitive industry as the ice cream trade. Also remember that getting to start up a franchise is simpler and more lucrative than when one seeks to start a business up from scratch. This business model assists one to fully maximize on an already established business model to boost chances of making pr...

Franchising is very popular in America because it is one of the best opportunities of the entrepreneur of franchisee to start up and or own business. To the franchisor (owner of the business that is being franchised), it shows that the business is growing. Highly franchised businesses are mostly profitable because they have wide presence in the United States and even in other foreign countries. One of the likely questions that you will most likely ask yourself when you want to franchise, the obvious question you are likely to ask yourself is how to start a franchise. The answer and sol...

The global economic recession has led to more and more people opting to open their own franchises. Many people are interested in, knowing how to open a franchise. Although franchises are often more expensive to open than individual businesses to open, they offer some benefits that are lacking in individual businesses such as the support offered by the franchisor in supporting the franchisee in activities such as sales promotion and marketing. In addition, the franchise is also well developed in its business with a huge customer base and large capital outlays to finance its operations. There is...

People are always looking for ‘how to get rich’ ideas from different sources. Barring few lucky ones there are hardly any success stories, which is why it is not advisable to take uncalculated risks. Getting a franchise of a established company business is a very safe bet and more often than not brings success to the franchisee. However, even the people who are in business are confused about the important question of how to get a franchise? Before knowing how to get a franchise, the all important decision needs to make is regarding the product or services for which the franchise will work. Sec...

Franchise businesses offer some of the country’s best returns in business and it is not surprising then that many people think of a franchise when they want to start a new business. It is estimated that the country’s franchises generated over $1.5 Trillion in revenues in 2010 and provided jobs for more than 18 million Americans. The overall success rate for new franchises is much higher than that of new independent business start ups. Some of the most successful restaurant franchises in the country include Mc Donald’s, Kentucky Fried Chicken(KFC),Hampton’s etc. Restaurant franchises are the c...