Listen to part of a talk in a business class.
OK, so last time we were talking about the processes of starting up a business on your own. And how new business owners often encounter a lot of obstacles. But one way to get an easier start is through franchising. That's when there's already a well-known, established company and you open up a new branch of that company in a new location. Your new business will be a part of the larger established company with the same name and it'll be run just like the other branches of that company. Let's discuss some advantages of franchising. Now, one great advantage of franchising is that the company provides training to you and all of your employees. They teach you about all the aspects of the business and you're given a plan to follow for success. So, you don't have to do the training yourself or come up with your own business plan. For example, if you're opening up a new division of a restaurant that sells pizza, say.