. Because of her life’s experiences, Shawn understands that it’s impossible to predict future circumstances and thus it’s terribly important that people…particularly parents, develop financial security Unit [...] There is a continual rise in the number of franchises. . A Franchise is a business in which “… Why . ?Contact the franchisor’s franchisee’s listed in UFOC Obviously, there’s a HUGE market for this method of business ownership. Major Franchise Types ? the franchisor, the owner and developer of the franchise system licenses [you] franchisees to use trademarks, service marks, logos, or advertising owned or developed by the franchisor.” (International Franchising Association, Franchising basics). NonTraditional This type of set up is customized between the franchisor and the franchisee. . ? Often times, they’ve done demographic studies and other studies to ensure that you have greater odds of returning a profit. Possibly a Home based Franchise is your answer. Be wise and ensure that you conduct sufficient research prior to committment. This is common with many realestate. Additionally, many franchisor’s provide educational programs to franchisees before the inception of the business. ? Subfranchising/Master franchizing Is quite similar to Area Development Franchising with the major difference being that the franchisor grants the subfranchisor the option of opening the unit franchises herself or selling the the franchises to third parties ? With some franchise programs, the business operates using the Franchisor’s brand name only
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