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| Member | ? | Join Date: Dec 2010
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Quote: | From what I have heard a business can sell a licence to someone to operate under their banner and it is cheaper than franchising. But this is more or less all I know, that's why I want to find out. |
understanding how license work is critical. what kind of business you are doing and what is license you want to do...Franchising give you more authority to do than license but you have to share profit with franchisor. im also not very clear what you term "business license" you mentioned. is that you mean from another company or the license of your own business. |
Source: http://www.flyingsolo.com.au/forums/other-discussions/13709-franchise-vs-business-licence.html
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