What is a franchise simple definition?

A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.

But the question is, is it right for you? Are you ready to join the ranks of fast food chains, cleaning services or even medical facilities? Well today is your lucky day Mr. Jim Mceleney, Franchise Business Consultant with Frannet is our guest today. Jim has years of experience helping people answer that question "Is franchising right of me". Come find out, lets go!