Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Best Ways to Store Data - Do you backup data on your computer each day? If so, congratulate yourself! You’re one of the tiny minority that can sleep easy.

  Best Ways To Store Data - According to a 2016 survey, fewer than 1 in 3 computer users back up files on a schedule, whether daily,...

Find Great Business Opportunities - Book-of-the-Month - Author David Alford maintains that “opportunities come everyone’s way,” but few people know what to do when they find one. And in fact, few people actually know how to find the best ones.

That’s why he wrote

Business Opportunity Leads is what you seek?  As with any sales position, fresh, qualified leads are the main key to success - the lifeline to sales and profits.

Business Opportunity Leads - Whether you are selling a business opportunity, a service or physical products - like house paint, your...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Kaeser & Blair Promotional Products
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free! Learn More.
 
Resource Center > Article
Licensee vs. Franchise… Know The Basics
Share this Article:

The difference between a licensee opportunity and a franchise is a fine line these days. What you don’t know can come back and hurt you.

As a new entrepreneur, you have to understand how to manage any new hires, tax laws and all the basic functions of business technology and software that were once done by the “in-house” technical guru where you used to work. Additionally, you now must wear many other hats that you aren’t used to wearing to avoid any legal issues; hats that often get overlooked at the onset of buying a new opportunity.

The FTC (Federal Trade Commission) defines a licensee business opportunity differently than a franchise but, as mentioned, there is a fine line between the two. A licensee opportunity comes with a lot less strings attached than does a franchise. Be aware though that many licensee opportunities don’t have the same level of training or support that you’d receive if you were to buy a franchise. In addition, many licensee opportunities are really a franchise from a legal perspective, just wearing a slightly different name. So make sure to do your homework before you buy.

And don't make the mistake of thinking the terms licensee opportunity and franchise are synonymous, they’re not; and not knowing the difference between the two can be a small business nightmare in the making.

Carpe Diem My Friends!

Related Blog Posts

Entrepreneurs Wanted - Once you’ve decided to take the plunge and enter the scary, exciting, challenging and oh-so satisfying world of entrepreneurship, you need to find the best business opportunity. How do you find one that has potential, sparks your interest and doesn’t break the bank? How do...

Start a Business Opportunity with $100 or Less - Don’t let a lack of funds keep you from starting your own business.

Start a Business Opportunity with $100 or Less Really IS possible. The variety of opportunities available is surprising, and not all are internet related. It’s a fact, you don’t...

How Do I Buy A Business And Not Get Ripped Off? - When you buy a business opportunity, you can hit the ground running. That’s because someone else has already developed the idea, the system, the service, the product, whatever form the readymade biz opp takes.

Here is a look...
The Opportunity Analysis Canvas By James V. Green (Author) “From the creator of “Developing Innovative Ideas for New Companies”, the #1 course in entrepreneurship with over 600,000 learners from 175 countries. IN THE OPPORTUNITY ANALYSIS CANVAS, DR. JAMES V. GREEN...
October is National Women in Business Month, so what better time to talk about the incredible strides that women are making in becoming business opportunity and other small business owners.  It’s also a great time to talk a little bit about why business opportunities are a specifically good fit for women...
 
   

Entrepreneur Exchange is our forum where we interview the Influencers, CEO's, Author's, Business Owners Of All Types, Shapes and Sizes.

Entrepreneur Exchange: Today, we sat down with Marc Winkelman, CEO of
Video Spotlight


Earn $75,000 to $150,000 Per Year working 25-35 Hours Per Week.

Premium Sponsor