Franchising is a great way to start a business without all the risks. Typically a franchisee pays an initial fee and ongoing royalties to a franchisor. In return, the franchisee has use of ongoing support, a trademark, a designated geographic territory, and the right to use the franchisor's processes and systems.
The Midwest-based coffee franchise Scooter’s Coffee, for example, has experienced incredible growth this past year and was recently named a top franchise by Franchise Business Review in its 2018 Top Franchises for Women Report.
Might be worth a look.
Saturday, August 11, 2018
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