Franchising a business can be an incredibly rewarding process for all involved; some benefits include the revenue, ease of expanding a company and many others. Most likely business owners considering franchising their companies have many questions regarding the industry. “How do I franchise my business? Where do I learn how to franchise my business? Is my business able to be franchised?” All and many more are important questions to consider before trying to expand your company.
Put simply, the numbers don’t lie. The franchise industry is growing at a rapid pace and shows no sign of slowing down. Some franchising facts:
(Source: International Franchise Association)