For aspiring business owners who lack the time, vision, or resources to start from scratch, franchising is a viable alternative. Everyone is familiar with franchises—many industries such as fast food are almost wholly comprised of franchises. As appealing as it may seem, there are still risks to franchising for both the franchisor and franchisee. A franchise is a business model that involves one business owner (the franchisor) licensing trademarks and methods to an independent entrepreneur Read More