How About Buying a Franchise?
What to do if buying an existing business doesn't sound right for you but starting from scratch sounds a bit intimidating
Take a stab at franchise ownership. What is a franchise--and howdo you know if you're right for one? Essentially, a franchiseepays an initial fee and ongoing royalties to a franchisor. Inreturn, the franchisee gains the use of a trademark, ongoingsupport form the franchisor and the right to use thefranchisor's system of doing business and sell its products orservices.