Common questions about franchising?

We will try to find answers in the coming posts to some of the common questions that are asked about franchising from frachises to franchisors such as the following:

• What is franchising?
• When did franchising actually start?
• When I visit a franchise store anywhere, say a well known pizza store or fast-food restaurant, how can I come to know whether it is operated by a franchisee or by the franchisor itself?
• How widespread is franchising?
• What is 'Business Format' franchising?
• What are the major growth industries in 'Business Format' franchising?
• Specifically, what kinds of businesses lend themselves to franchising?
• Are the 'look-alike' characteristics of franchises a disadvantage? Don't consumers want some variety?
• What should I consider before buying a franchise?
• What is the Federal Trade Commission Franchise rule?
• How can I be sure that the information provided in the disclosure document is truthful & accurate?
• Are there any other laws which protect me?
• If I want to buy a franchise, what should I do to get started?
• What kind of investment is necessary to buy a franchise?
• Would I make a successful franchisee?
• How can I be sure I won't lose money?
• What are some of the drawbacks of owing a franchise?
• Why should I be concerned whether a company is a member of the International Franchise Association?
• Are there any current trends in franchising?