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Are franchises considered small businesses?

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Yes. One way to validate this is to notice that franchising operations in banks are normally in business/commercial banking (versus corporate banking). read more

Most franchises are small businesses. But the definition of "small business" is independent of whether that business is or is not a franchise. There are some franchises that are too large to be considered a "small business". read more

“This ordinance means that franchisees cannot compete in the Seattle marketplace and many franchise small businesses will cease to exist.” IFA sent a letter to Chicago City Council members suggesting the group might be prepared to sue if the city enacts its proposed $15 minimum wage ordinance, which also treats small franchisees like large companies. read more

It is an assumption that small business are just franchisees, but the truth is many franchisers are also small businesses, Although considered to be a successful way of doing business, literature has proved that there is a high failure rate in franchising as well, especially in UK, where research indicates that out of 1658 franchising companies operating in 1984, only 601 remained in 1998, a mere 36%. read more

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