Minority and women business owners can receive additional business opportunities through the State of Texas Historically Underutilized Businesses (HUB) certification program.  More exposure to contracts also is available by subscribing to the Centralized Master Bidders List.

2.  Business format

When a franchiser owns the right to the name or trademark and sells that right to a franchisee, it is known as product/trade name franchising. The more complex form, business format franchising, involves a broader ongoing relationship between the two parties. Business format franchises often provide a full range of services, including site selection, training, product supply, marketing plans, and even assistance in obtaining financing.
 

There are more than 3,000 franchised businesses.  The challenge is to decide on one that both interests you and is a good investment.  Many franchising experts suggest that you comparison shop by looking at multiple franchise opportunities before deciding on the one that is right for you.

Some of the things you should look at when  evaluating a franchise:  do they have a history of profitability, effective financial management, a good image, integrity and commitment, and a successful industry?

If you are concerned about the risk involved in a new, independent business venture, then franchising might be the best business option for you. 

For a list of SBA franchise programs