In most franchise systems, the “financial relationship” element is usually met in two ways: a one-time Initial Franchise Fee and an ongoing payment Royalty Payment.

When you enter into a franchise agreement as a franchisee, you will typically be agreeing to pay the franchisor a variety of one-time and ongoing fees.

How can you tell what is a genuine home-based franchise opportunity, and what is not? As with any business opportunity, it is imperative that you do your due diligence before you invest.

Three important but too-often overlooked realities that anyone interested in becoming a franchisee needs to know BEFORE engaging in the process.

The key to choosing the right opportunity for the next phase of your life is to ask yourself some very important questions.

In franchising, there have historically been two general types of franchisees: Single-Unit and Multi-Unit. Historically, Single-Unit Franchisees have been the bedrock of franchising.

In addition to the Franchise Agreement that each franchisee signs, a multi-unit developer enters into a multi-unit development agreement with the franchisor.

Many people get confused when comparing business opportunities (“Biz Ops” and franchise opportunities. On the surface they may seem similar, but are quite different.