Quick Summary
Franchising – paying for the right to use an established brand or trademark under a proven business operating system – is an increasingly popular way for entrepreneurs to own a business without having to build a company from the ground up. Leveraging already perfected systems, the franchise owner can avoid many of the mistakes that doom start-up entrepreneurs. There are thousands of opportunities across a wide range of industries with varying levels of financial and sweat equity required. If you’re a hard worker with access to capital and who doesn’t mind giving up some independence as an owner, buying a franchise may be a good way to invest in your future.