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How to Franchise Your Business

Are you tired of working eighty hours a week? Do you feel like you’re not making any progress in your business? You may be considering franchising. Franchise development can be a great way for a business owner to get the benefits of owning their own business without all the headaches. In this article, we’ll discuss how to franchise your business. Let’s get started!

What is a Franchise Business?

The Federal Trade Commission basically says a franchise business model is a system in which an individual or company (the franchisor) licenses the use of its trade name and know-how to another party (the franchisee) in exchange for a fee.

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