Franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and services that will be offered by the franchisees (a person or company who is granted the license to do business under the trademark and trade name by the franchisor), but also provide them with an operating system, brand and support.
There are two different types of franchising relationships. Business Format Franchising is the type most identifiable to the average person. In a business format franchise relationship the franchisor provides to the franchisee not just its trade name, products and services, but an entire system for operating the business. The franchisee generally receives site selection and development support, operating manuals, training, brand standards, quality control, a marketing strategy and business advisory support from the franchisor.
Start a business teaching others with our list of education franchise opportunities. A franchise in education not only allows you to run a business, but it also allows you to help improve the education of children in need. Look for these educational businesses for sale such as Kelas Tuisyen Cikgu Mariyam. We also have a list of franchises for sale tailored to adults looking for higher education and training in growing a business. Click below to find the right education franchise opportunity for you and request more information. You can also browse our entire list of franchises to get more small business ideas as well.