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Introduction to Franchising
Franchising Basics
Franchising as we know it today originated with the Singer Sewing Centre developed by Isaac Singer in 1858. After he had invented the sewing machine, Singer encountered two problems when he took it to the market. The first was that customers had to be taught how to use the new invention before they would buy it...
Read More Franchising BasicsPart-Time Franchising
Part Time Franchising is an excellent business opportunity for individuals wanting to balance a work life ethic with their social life. It has the ability to offer individuals the opportunity to be their own boss, and also to incorporate family, social and civic obligations.
Read More Part-Time FranchisingDefinition of Franchising
There are several terms used in franchising that require explanation. Some, including the word "franchising" itself, are in everyday use but are not always used correctly...
Read More Definition of FranchisingThe Benefits of Franchising
Buying a franchise is an option that many people looking to manage their own small business should consider, as there are a number of advantages to joining this industry. The main benefit if you become a franchisee is that your business will already have in place the knowledge and experience of the franchiser that has enabled it to expand, which provides each franchise with a solid business platform.
Read More The Benefits of FranchisingWhat Makes a Good Franchise
Selecting a franchise to work for is a tough decision, but doing your homework and looking into what the franchise has to offer will help to separate the good ones from the bad.
Read More What Makes a Good FranchiseEthical Franchising
To have a good reputation with franchisees and in the franchising industry, it is important that franchisers have an ethical framework to operate by.
Read More Ethical FranchisingMulti-Unit Franchising
One of the biggest changes in business format franchising from when it began to take off in the 1950s and 60s is the development of multi-unit franchises. This is where a franchiser will award the right to a franchisee to operate more than one outlet within the defined location area in the franchise agreement.
Read More Multi-Unit FranchisingMulti-Unit Franchises on the Rise
The IFA Educational Foundation, in cooperation with IFA and Indiana University Southeast, has published a study documenting the growing incidence of multi-unit franchisees. The survey results are based on two postal surveys of 830 IFA member companies, with 145 franchise systems replying to the survey, for a response rate of 17.9 percent.
Read More Multi-Unit Franchises on the RiseMaster Franchising - Benefits and Responsibilities
Master franchises give people with significant funds to start a business a degree of power, as they will be in charge of the other franchises that are established in a specified country or region...
Read More Master Franchising - Benefits and Responsibilities

