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Franchising is a license to sell anothers products or to use anothers name in business, or both. Typical examples of popular franchises include Dunkin, Super

Franchising is a license to sell anothers products or to use anothers name in business, or both. Typical examples of popular franchises include Dunkin, Super Cuts, 5 Guys, H&R Block Tax Service, Car Dealerships, even the Boston Red Sox are a franchise of Major League Baseball. Describe what you think is a better business approach, starting a business from scratch, or buying a franchise. Discuss the pros and cons of each approach.

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