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Franchise Business and Franchise Businesses Franchise business is being part of a successfully proven business that has a name or trademark that is well known and profitable. Franchise businesses are strategically tried and marketable with options to expand by offering products and services that appeal to the consumer. Traits of The Successful Entrepreneur Want to know why certain people succeed and others don't. Well successful people have certain traits? Do you have them? Business has changed a great deal over the years. Oil Change Guys History; Part III Studying the history of franchise companies is interesting is watching all the ways they grew and all the partnerships, vendors and mergers along the way. It is a myriad of deals and team building, which makes it all possible. 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