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We have decided to expand our business throughout the country through franchising. Franchising is a great way to be in business for yourself, but not by yourself.
You are an independent business owner, but “affiliated” with other independent owners under the same brand.
Franchising works because it combines the skills of two parties, the franchisor and the franchisee, in a business operation that can be mutually profitable.
Franchise systems typically work with the franchisor providing an established, proven concept, brand name, the know how and support from the home office. In return, the franchisee provides the capital to open the new units, and well-motivated management of the day-to-day operation of getting customers, keeping customers, and growing the local business.