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Consider these facts when exploring your options to buy a franchise:
- A franchise is a legal and commercial relationship between the owner of a trademark, service mark, trade name or advertising symbol and an individual or group seeking the right to use that identification in a business.
- The franchise agreement governs the method for conducting business between the two parties.
- Although forms of franchising have been used since the 19th century, enormous growth has occurred more recently.
- Industries that rely on franchised businesses to distribute their products and services touch every aspect of life.
- Click here to read more of our Expert Advice on Franchising Opportunities.