A franchise business is a business you own and operate using an established company's brand. You, the franchisee, license the rights to operate using that company's brand and trademarks, operating procedures, and products.
Owning a franchise may be your path to success, but before you jump into the arena, take a look at some of the advantages and disadvantages of buying a franchise.
If you're reading this, you've already taken the first step toward learning how to choose a franchise. You're doing the research. A lot of people believe choosing a franchise is as simple as finding a successful company that offers franchise opportunities.
Here are some important questions to ask before starting a home-based franchise business. Asking these questions and considering the answers can help you determine if you've found the right home-based business franchise for you.
Read MoreOnly a franchise law expert knows the idiosyncrasies of each state's set of regulations and can navigate the very delicate process of complying with the Rule on Franchising and individual state franchise relationship laws.