What is a Franchise? The International Franchise Association (IFA) defines a franchise as “a method of distributing products or services. At least two levels of people are involved in a franchise system: (1) the franchisor, who establishes the brand’s trademark or trade name and a business syst...

Embarking on an entrepreneurial journey starts with deciding on the path to take. There are three ways you can go: Starting a business from scratch Purchasing an existing business or Investing into a franchise system Whichever path you take, running a business is all-consuming and full...