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Franchising is becoming one of the fastest growing home-based business opportunities in North America today. Between 2,000 and 3,000 options are currently available to entrepreneurs, and 33% of all sales in the USA are from franchises.
I have searched around the Internet information that is relevant to all of us still searching, and have included it here. Should you have any questions or comments (or other great sites to try) please do let us know in the discussions. What is a Franchise? Today, a franchise consists of the relationship between a franchisee and a franchisor; the first being the person/people who owns the franchise, and the second being the person/people who created the business arrangement so that the franchisee can sell their product or service in a certain area. An entrepreneurial franchisee differs from an entrepreneur because of the limits put on franchisees. An entrepreneur determines (for the most part) how a service is provided, where it is provided, and during what time, whereas a franchisor dictates these terms to their franchisees. What Do You Get? A franchise offers a multitude of options to franchisees, as wel l as benefits, such as: For instance, the Division of Securities and Retail Franchising is the regulator for Virginia based businesses. Associations Canadian Franchise Association
Franchise Ownership Determination
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