Understanding Franchise Opportunities

What is a franchise?

A franchise allows an entrepreneur to operate a business using a company's established business system, subject to the terms of a formal agreement. Costs, territory, training, support and eligibility vary by company.

Key factors to evaluate

• Initial investment and ongoing operating costs
• Property size, visibility and accessibility
• Local demand and competitive environment
• Training, operational support and supply arrangements
• Agreement duration, renewal and other commercial terms