RESOURCES: Franchising


Explore Business Franchise Opportunities with Our Free Expert Help

Would you like to start a business? Let us help! FranNet has been helping entrepreneurs find the best business opportunities since 1987. Find out which business franchise is best for you! We will match you to the right franchise opportunity for your goals and lifestyle.

The Online educational video, Franchising Basics, is a great tool.  Click here to view

WHAT IS A FRANCHISE?

A franchise is the agreement or license between two legally independent parties which gives:

  • a person or group of people (franchisee) the right to market a product or service using the trademark or trade name of another business (franchisor)
  • the franchisee the right to market a product or service using the operating methods of the franchisor
  • the franchisee the obligation to pay the franchisor fees for these rights
  • the franchisor the obligation to provide ridges and support to franchisees

Source: ©2001 The IFA Education Foundation

To learn more about franchising, please visit International Franchise Association

Ever wonder what economic impact franchising has on your state? Visit the International Franchise Association and see what economic impact franchising has on New Jersey.

Other resources to learn more:

  • VetFran.com is a franchise opportunities portal owned and operated by the International Franchise Association on behalf of its members. This site is for honorably discharged Veterans of the U.S. Armed Forces who are interested in going into business for themselves. Each of the following franchise systems offer specific discounts to U.S. Veterans for their respective franchise opportunities. 
  • FranNet

 

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