A franchise (or franchising) is a practice of distributing products or services that involves a franchisor, who establishes the brand’s trademark or trade name as well as a business system, and a franchisee, who pays a royalty and, in many cases, an initial fee for the right to do business under the franchisor’s name and system.
Topics in this chapter cover franchising myths, franchise ownership, myths, FFD, and Due Diligence.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
What Is A Franchise?
The FDD & Your Due Diligence
Why Own A Franchise?
Want to learn more about how this topic relates to your business?
Schedule a meeting with one of our consultants! All counseling sessions offered by the TSBDC are no-cost and provided by our staff of professional business consultants.