So you are thinking about purchasing a franchise? Just what is a franchise? Is a franchise right for you? Do you need to purchase a franchise instead of just starting a business from scratch? These are all questions we hope to answer for you. A franchise is technically the legal agreement allowing you to use the logo, branding, systems and processes, products or services, and name of an existing business. In addition, you will be trained to operate the business to the same standard as the franchisor.
Franchising is a wonderful way to go into business for yourself but not by yourself. The statistics show that your odds of being successful in business are dramatically higher when you purchase a franchise vs. trying to start a business from scratch.