Something very important that you should understand about Franchising is that it is not about control. Franchising is about the synergy that develops from two people combining their entrepreneurial spirit to grow and develop their mutual business. The aim of this synergy is to create wealth for the both of them. This means that in running the business you will have certain functions to perform to make sure that you are successful and your Franchisor has certain functions to per...

I think that it is a great idea... and for many reasons! Firstly, a franchise business is going to offer your son the training he is going to need to run a business. And as you know there are many skills that you need to run a business. Secondly, the advantages that a good franchise operation offers are that they have systems in place to monitor his performance and benchmark him against others in the system.  He will have access to continuous training, benchmarking, reviews an...