How Does a Franchise Work: Understanding the Business Model and Its Benefits

Franchise Agreement Basics

A contract that sets out the rules for both parties.

Initial Investment Requirements

Pay the fee and cover startup costs.

Training and Support

Get trained and supported by the franchisor.

Brand and Marketing Benefits

Use an established brand and enjoy national marketing.

Consistent Operations

Follow the franchisor’s procedures for consistency.

Proven Business Model

Reduce risks with a tested business plan.

Networking Opportunities

Connect with other franchisees and share ideas.