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The Small Business Franchise

Author: Jeff Carroll

Source: Image of female in suit, male in suit, stickperson, curved arrow, hammer, 50 dollar bill, images by Video Scribe, License held by Jeff Carroll; Image of McDonalds Logo, Public Domain, http://bit.ly/1lEv2cp; Image of Papa John’s logo, Public Domain, http://bit.ly/1lqxowO; Image of Chevrolet logo, Public Domain, http://bit.ly/1p7Qcir; Image of Coca-Cola logo, Public Domain, http://bit.ly/UEiTdJ; Image of Subway logo, Public Domain, http://bit.ly/1vot96M; Image of Herbalife logo, Public Domain, http://bit.ly/1hYrpyu.

Video Transcript
Terms to Know
Franchise

A type of business in which one organization pays to use an established business model and intellectual properties.

Multilevel Marketing

A type of business where people are compensated not only for their own sales but also earn a percentage of what their recruited salespeople sell.