There are many ways to grow a small business. For those having difficulty trying to launch a unique value proposition, licensing and franchising an existing product or service might be the way to go! Visit the 2017 Top Franchises from Entrepreneur's Franchise 500 List. Choose a franchise or business opportunity, describe the opportunity, identify capital requirements, financial requirements, fees, training, and support. • Describe the current number of locations. • Research the market. • Do you see a growth opportunity (or is the market saturated)? • Where might you locate a franchise?