Understanding franchise competition is pivotal for both franchisors and franchisees for several reasons. Firstly, it helps in developing a robust business strategy. By analyzing competitors, a ...

A franchise is a type of license that allows a franchisee to operate a business using the franchisor's trademarks, branding, and business methods. The franchisor provides the framework for business ...

In this section, you’ll learn how to properly review a franchise agreement, a critical document that outlines the legal and financial terms between the franchisor and franchisee. Franchise agreements ...

For many entrepreneurs, buying a franchise is the best way to move into business ownership. Franchises come with a proven business model, built-in brand recognition and ongoing support. But that does ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Buying a franchise comes with advantages over new business startups, but it is not a ...

Minneapolis-based facial franchise Face Foundrie had a busy year. As of late September, the company opened 11 new locations, an increase of more than 20 percent so far this year. Founder and CEO ...