Eyes Wide Open - Is It a Franchise or a License?
Hi All,
When you are out there in the marketplace to purchase a business, you need to be wary of a lot of things. You cannot blindly sign any agreement. As an entrepreneur who acquired two existing businesses, I will offer my advice to you. First, you need to understand the difference between a license agreement and a franchise agreement. These are two different opportunities, and you should know what each one entails to understand what you are entering into. You must hire an attorney to help you understand the terms and conditions and stay safe from getting duped. To get a clear idea of the differentiation, take a look at the article shared below.
