Picking Right Type of Franchise Is Vital to Success.

FRANNET LLC 005746318

This article reports that franchising has become a prevalent business practice across the U.S. According to the International Franchise Association, a Washington D.C.-based organization of franchisers, franchisees and suppliers, a new franchise outlet opens somewhere in the U.S. every eight minutes. Blair Nicol, owner of the San Diego branch of FranNet, a San Diego-based franchising consulting agency, said that potential franchisees need to consider many things before they decide to purchase a franchised business. Most people associate franchises with fast-food restaurants, but there are franchises in advertising, automobile repair, hotels and personal services, according to FranNet.