business






 

Question by  Kira (20)

How do I create a franchise?

 
+7

Answer by  patti (29325)

If you want to franchise your business, involve an attorney who specializes in these matter. Franchising is incredibly complex and you want to be sure to protect all parties.

 
+6

Answer by  knightmare (1231)

If you want to open a franchise store, like McDonald's, you'd have to contact their franchising department. They will take fees but they'll set you up with their suppliers and distributors. Creating a franchise of your own gets quite expensive. If you have the investment, you'll count on franchise fees.

 
+6

Answer by  OU (135)

You will need to have a successful business model that others will pay you a large amount of money to copy. This will involve the concept, supplies and procedures.

 
+5

Answer by  SBryant (32)

You must approach the business whose franchise you want to own, demonstrate that you have the required capital, and be willing to follow their instructions to operate your franchise.

 
+4

Answer by  Platypus (180)

You must have a successful business. You then have people pay you to use your business name and logos. All this can be done with legal contracts.

 
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