Buying a franchise means owning your own business. That doesn't mean you own it forever. Learn how contract renewals work for franchise owners here.
"Every franchise is a license, but not every license is a franchise." Sounds confusing, right? We'll explain these terms and more right here.
Read MoreEach franchise agreement is unique, but they all legally outline the relationship of both parties. But what happens when you want to terminate the contract early? Find out how to do it right with minimal losses.
Read MoreOwning a franchise does involve paperwork such as the franchise agreement, but not only that. More often than not, you must review and sign a non-disclosure agreement, which you can learn more here.
One of the biggest perks of buying a franchise is licensing rights. Consumers are familiar with it and you can rely on that to be successful.