Franchising is a business model where a company (franchisor) grants individuals (franchisees) the right to operate a business under its established brand, using its proven systems and support.

The cost varies widely depending on the industry and brand. Some franchises start as low as $10,000-$50,000, while others can exceed $1 million. Costs typically include franchise fees, equipment, and initial marketing.

Not necessarily! Many franchises provide comprehensive training to help new owners learn the business, even if they have no prior experience in that industry.

The best franchise for you depends on your interests, skills, financial capacity, and lifestyle goals. A franchise consultant can help match you with opportunities that fit your profile.

Yes! Many franchisees expand their portfolios by opening multiple locations of the same franchise or investing in different brands.

Franchisees earn revenue from sales of products or services, minus expenses like rent, wages, and royalties paid to the franchisor.

Most franchises charge ongoing royalties (a percentage of revenue) and marketing fees in exchange for continued support, training, and brand promotion.

Yes! Financing options include SBA loans, traditional bank loans, franchisor financing, and even retirement fund rollovers (ROBS). A franchise consultant can help you explore these options.

The timeline varies but typically takes between 3 to 12 months, depending on factors like training, site selection, and legal processes.

Franchisors offer training, marketing support, operational guidance, and ongoing mentorship to help franchisees succeed.