Franchise - a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area.
Franchising is a method of doing business wherein a "franchisor" licenses proven methods of doing business to a "franchisee" in exchange for a recurring payment, fees and a percentage of sales or profits.
Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor.
Note:
1. A franchise is not reliable if it does not present you with a UFOC at least 10 business days before any contract is signed and before any money changes hands.
UFOC is an abbreviation for "Uniform Franchise Offering Circular", a legal document used in the franchising process in the United States.
2. The franchisor’s trademark should be a registered trademark to make the concept uniquely distinguished from others.
3. One simple way to avoid scams is to type franchise name and 'scam' at search engines, and then to see what happened and why happened.