Is a Franchise Owner an Entrepreneur?

I recently was a guest on a small business radio show and the topic of franchise businesses came up. The question was posed whether a franchise business owner is an entrepreneur.

I would say mostly not.

Entrepreneurs are risk takers. They have an idea and attempt to build a company from scratch. They come up with a business name, have a logo designed, build a website, register their company name on social media platforms, (hopefully) write a business plan. They raise money, create systems, hire employees.

Finish reading on my Medium blog.