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Franchise Insider: Figuring Out Franchising

Among the challenges facing franchisees, the economy tops the list. Here are a few factors that will determine whether franchise will thrive going forward.

Franchise Insider: BBQ Eatery Seeks Franchise Success

Carmen Lemons turned a decades-old family run business into a franchise and is now marketing it to potential franchisees. She offers these tips on what it takes to turn your business into a franchise.

A Guide to Franchising

According to the International Franchise Association (IFA), there are more than 900,000 franchised businesses representing 85 different industries, including business and personal services, food, travel, and real estate. A 2008 study conducted by PricewaterhouseCoopers reports franchises generate $2.3 trillion. Franchising is big business, but operating a unit is neither easy nor for the faint of heart.

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