Franchise Startup

Franchise startup refers to creating a new business under an established brand’s name and business model. Instead of starting from scratch, entrepreneurs buy the rights to operate a franchise, which provides a proven system, training, and ongoing support. This approach reduces some of the risks associated with starting a business independently, as franchisees benefit from brand recognition and marketing strategies. However, they also pay fees and must adhere to the franchisor’s guidelines. Franchise startups can range from fast-food restaurants to retail stores, offering diverse opportunities for aspiring business owners.