10. Franchise Entrepreneurship.

Franchise entrepreneurship involves buying the rights to operate a business under an established brand. This model allows entrepreneurs to leverage the success and recognition of an existing company, benefiting from its proven business systems, marketing strategies, and customer loyalty. Franchisees invest in the business, pay ongoing fees, and must adhere to the franchisor's guidelines. This approach often reduces some risks associated with starting a new business from scratch, as it provides support and resources, making it an attractive option for aspiring entrepreneurs looking for a structured yet independent way to run a business.