Kenneth F. Darrow, P.A.
Towers Of Dadeland
8440 South Dixie Highway #901
Miami, Florida 33143
Telephone - 305 670-8200
Fax - 305 677-2619
 
f
ran·chise (fran'chiz')
The term franchise refers to a type of business in which an entity or an individual receives a license to conduct a commercial enterprise. Franchises enable a franchisee to market a well-known product or service in return for an initial fee and an on-going payment. The franchisor usually provides assistance with management, merchandising and advertising. Major franchise networks, which have grown rapidly in the United States since the 1960s, include fast-food restaurants, gasoline stations, motels, automobile dealerships, and real-estate agencies, with the concept expanding into many other fields.

You may find these sites helpful as you explore the area of franchising.
 

American Bar Association Forum on Franchising
The lawyers' organization devoted to franchising.
www.abanet.org/forums/franchising

International Franchise Association
The trade association serving the franchise industry.
www.franchise.org

Small Business Administration
The U. S. government agency that makes loans to start-up businesses, including franchises.
www.sba.gov

Federal Trade Commission
The U.S. government agency that regulates franchising.
http://www.ftc.gov/

North American Securities Administrators Association
The organization of state administrators for states that regulate franchising.
www.NASAA.org

 

 
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