Tag "franchise"

The Costs of Establishing a Franchise

Before you get going with any business, you need to know upfront what it takes to get started. Costs with many establishments are straight-forward, but franchises can be a bit confusing. A franchise is when someone pays a company to use their name and logo and operate under it as part of their business. The costs can be complicated, so you need to take time to understand them before you

What Are the Advantages and Disadvantages of Franchising?

In today’s economy, many people are looking for new options for making money. It might be because they’ve lost their current job, or would like to find a more stable industry. One option you have is buying a franchise. A franchise is a business relationship where a company, generally with an established name and good customer base, sells the rights to operate a business under their name. The franchisee pays


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