Maine Franchise Owners Association

You work hard in Maine! Together we can make Maine a better place for Business.

Click here to join the Maine Franchise Owners Association

  • Home
  • About Franchising
    • History of Franchising
    • Franchising in Maine
  • About MFOA
    • Why Join MFOA?
    • Terms of Use
  • Membership Info
    • Membership Levels
    • Sponsor Membership
    • Join Today
  • Contact Us
  • Join Today
  • Sponsor Directory

About Franchising

Components of franchise ownership.

Components of franchise ownership.

Franchising is the practice of using another firm’s business model. For the franchisor, the franchise is an alternative to building ‘chain stores’ to distribute goods that avoids the investments and liability of a chain. For the franchise owner who provides the capital and commitment the franchise is an opportunity to get into business for themselves, and ideally not by themselves. The franchisor’s success depends on the success of the franchise owners. The franchise owner is said to have a greater incentive than a direct employee because he or she has a direct stake in the business. For information about the history of franchising click here.

There were over 828 thousand franchised business establishments in the United States. Franchised businesses provided over 9 million jobs, or approximately 6% of the U.S. workforce in 2007 (International Franchise Association Economic Impact Report). The economic impact of franchise operations in Maine is substantial. There are over 3500 franchised units in the State of Maine that directly employ over 38,000 Maine citizens with a payroll that exceeds $1 billion and a GDP approaching $4 billion. (Maine Economic Impact Report).

Click Here to Read about Franchising in Maine

Click Here to Read about the History of Franchising

MFOA Logo3

 

 

Search Maine Franchise Owners Website

Recent Posts

  • FTC Commissioner Chopra Talks Franchise Issues on CNBC September 25, 2020
  • Schakowsky, Scanlon, Jayapal Send Letter to FTC September 25, 2020
  • Senator Cortez Masto (NV) Sends Letter to FTC Concerning Covid-19 Issues May 1, 2020
  • Keith Miller Testifies in Oregon, House Interim Committee On Business and Labor December 1, 2019
  • 2019 Dickey’s BBQ Update October 2, 2019
  • Senator Cortez Masto Introduces SBA Franchise Loan Transparency Act July 31, 2019
More from our Newsroom

Twitter Feed @MaineFOA

Twitter feed is not available at the moment.

Franchise Links of Interest

Franchise News: Blue MauMau

Maine Small Business Association

Maine Offices of SCORE

American Association of Franchisees & Dealers

Coalition of Franchisee Associations

Franchisee Advocacy Consulting

New England Franchise Association

Unhappy Franchisee

© · Maine Franchise Owners Association · 415 Congress Street, Suite #202, Portland, ME 01401 · 207-274-2046 | Mobile Membership Site: MediaRight Technologies