A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees) - Entrepreneur Magazine.
Does buying a franchise guarantee success? Not in and of itself, but being a part of a franchise network, with a committed franchisor, can help you get through the tough times where being alone is just being alone.
"2015 is expected to be another stellar year for franchise businesses. Franchise businesses have been growing and adding more jobs at a faster rate than other areas of the economy. 2015 is projected to be the fifth consecutive year of expansion in the franchise industry."" - Visual Vistor Blog