Simply put, Franchising is a partnership relationship. As a small business owner, you have to decide if you truly want to be in a relationship with an authority in your business operation. This can be a mutually beneficial arrangement or a nightmare from day one.
Introduction to Franchising
The basic elements of franchising are identified. Gain an understanding of the franchisor and the franchisee relationship when you read the articles below. Franchising is a form of a partnership that can produce benefits for both parties. However, I caution anyone considering franchising as often this form of legal relationship is fraught with peril.