Basics of Franchising (hosted by the Hispanic Latino Franchise Leadership Council)

"The Basics of Franchising" is a discussion with franchise experts aimed at introducing aspiring minority business owners, executives, or others to the world of franchising. The experts cover the fundamentals, including the advantages of starting a franchise, such as brand recognition and established business models, and key financial considerations like startup costs, ongoing fees, and revenue potential. They also delve into the legal and contractual aspects of franchising, guiding entrepreneurs to understand franchise agreements and the critical importance of due diligence. The Hispanic Latino Leadership Council (HLFLC) seeks to empower the Hispanic/Latino entrepreneurial community with the inspiration and the knowledge to effectively evaluate and pursue franchise opportunities in various industries across the United States and around the world.