“The right or license granted to an individual or group to market a company’s goods or services in a particular territory.”
This is the best definition of franchising we have come across. It is from Webster’s Dictionary. Although there is a formal acquisition process unique to each franchise, the franchisee acquires a “license” to operate the business. This process is similar to acquiring a driver’s license. As is the case with each State’s DMV you must follow certain guidelines of the franchisor just as you would obey laws when you are driving your car. We will cover this process in detail as we work with you in pursuit of your business opportunity.