Franchise businesses are unique. The Franchisor (corporation) has most of the power and control over the Franchisee through a contract that establishes very strict terms that the Franchisor places on the relationship. The Franchisee is usually a person who has to expend large personal risk and potential for loss, to be selected for a franchise. Research a franchise and tell us all about the costs and requirements that must be met with owning that franchise. Include the application fee, education, training, contract terms and fee, advertising and royalty fees, financing, building fee, inventory requirements, etc