How do I begin the franchising process?

Understand franchising. Franchising refers to a common business strategy used to grow market share with less cost. It refers essentially to offering a franchisee the right to sell your products/services and/or use your business methods. Acquiring these rights would involve the franchisee paying a fee to the franchisor (you). Afterwards, the franchisee would be required to pay you a portion of their gross sales throughout the entire term of your contract.Note that the franchisee is subject to restrictions as to how they can operate in order to protect your interests. For example, a franchisee may be subject to restrictions as to what they can sell, where and how they can operate, and strict quality control guidelines.A franchisee is often restricted from operating a similar business after the franchise agreement ends (or during).