Turn your business into a franchise. |
According to Wikipedia, a small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorship. However, any small business need not stop at this level. There could be a chance that this will work out for another person or group in the form of a franchised agreement.
Franchising, in principle, is practicing another company’s or firm’s business model based on terms and conditions or an agreement.