According to the International Franchise Association estimates, the franchise industry was expected to add more than 20,000 new franchise units in 2025. That is an increase of at least 2.5% in ...

Opinions expressed by Entrepreneur contributors are their own. The first question that every prospective franchisee asks a franchisor is, “How much money can I make in this business?” Since the FTC ...

Buying a franchise comes with advantages over new business startups, but it is not a guarantee for success. Whenever you switch gears to try something new, challenges are attached. Many factors ...

The franchisor establishes the brand’s trademark or trade name and develops the business system. The franchisee pays a royalty and often an initial fee to operate under the franchisor’s name and ...