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Nine Important Tips For Owners Looking To Franchise Their Business



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Some founders start their business with the goal of eventually turning it into an expansive enterprise through franchising. Others consider the possibility only after realizing their business model is successful enough to be replicated and licensed to others. As the franchisor, the founder of the original company retains ownership of the brand and its trademarks. Franchisees pay for the use of these elements as well as access to the proprietary knowledge and processes they’ll use to operate their own small businesses as part of the chain.

While giving other aspiring entrepreneurs a safe way to buy in and open …

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