Small Business Encyclopedia
Category: FranchisingFranchising
A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees).
Uniform Franchise Offering Circular (UFOC)
A regulatory document describing a franchise opportunity that prospective franchisees have to receive before they pay any money, sign any papers or, in some cases, even meet with the franchisor
Popular Articles
Canva Is Going Viral For a Questionable Musical Performance at a Company Conference: 'Peak Cringe'
Canva Create took place in Los Angeles on May 23.
These Are the Highest Paying Jobs in Every U.S. State, According to a New Report
Certain states pay higher salaries for the same job.
Is Consumer Services a Good Career Path for 2024? Here's the Verdict
Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.
T-Mobile Acquires USCellular in $4.4 Billion Deal: 'Even More Consumers Will Benefit'
The deal was announced on Tuesday.
'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years
In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.
87 Service Business Ideas to Start Today
Get started in this growing industry, with options that range from IT consulting to childcare.
