What is a Franchise Business?
A franchise business is a business in which the owners, or franchisers, sell the rights to their business logo and model to third parties, called franchisees. It is hard to drive more than a few block...
Franchise Basics
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What Do Most Franchise Businesses Have in Common?
There are many commonalities between one franchise business and another. One basic commonality is the method by which the franchise owners and buyers do business. The owner of the franchise business, ...
How To Franchise a Great Business Idea
A franchise idea is a great way to expand your business, as it is an opportunity to get your idea out there without having to assume the risks and come up with the capital all by yourself. When you fr...
Can a Buyer of a Franchise Select the Business Location?
The amount of input a buyer may be able to give when determining the location of their franchise will also depend on the experience of the franchisor. Because the franchisor knows its brand the best,...
What Happens to a Franchisee if the Franchise Business Fails or Changes Ownership?
When one franchise business merges with another, the franchisee's business rights are almost always affected. It doesn't seem fair that a franchise owner who may have once been a competitor, perhaps r...
Do Franchise Laws Vary by State?
While every franchise business is subject to the Federal Trade Commission (FTC) Franchise rule, franchises are also subject to state franchise laws and regulations as well. While the FTC rule is aimed...
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