What is a Franchise?

“A franchise is a business that you see in different cities. They are recognizable because their signs and colors are the same.” “A franchise is a type of business that is the same everywhere you go.” “McDonald’s is a franchise. So are KFC and Burger King.” Those answers are all correct. But, there’s more to…

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What is Franchising?

What is Franchising? It’s the same old question. Franchising has been around for centuries and has been used in numerous industries. The main problem people in the franchise community face, is the misconceptions others create about the business strategy. Many think that when you are a franchisee that you are “buying a franchise.” To be…

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