Are you an entrepreneur looking for a business opportunity? A corporate executive transitioning to a new career? A small business investor searching for a hands-off investment? If you fit any of these descriptions, then franchising might be right for you. There are many benefits to franchising that make it attractive to people from all walks of life. 

Franchises are businesses in which the owners license their brand, trademarks, and proven business models for a franchise fee and ongoing royalties. This arrangement allows the franchisee to open and operate their own branch of the franchisor’s business. 

There are many different types of franchises, including those in senior care, health and wellness, travel, medical, restaurants, and consulting. Franchises can be brick-and-mortar businesses or they can be service-based businesses that come to the customer, such as mobile car detailing or in-home senior care.