Success does not come easily to a small business. The United States Small Business Administration says fifty percent of small businesses (1) in the first year and ninety-five percent fail within five years. Many (2) believe one way to (3) their chance of success is to (4) an already (5) business (6) a franchise (特许经营权). A franchise provides a name and products that people know. One of the (7) franchising companies in the world, (8) , is McDonald’s. A person who wants to start a (9) must pay a (10) . This amount of money depends on (11) the franchising company (12) the new business to earn. To open a McDonald’s franchise costs at least 500,000 dollars (13) fees. Franchise fees for some other companies are only a few thousand dollars. (14) , store space, goods and other things needed to operate a franchise may cost (15) . Franchise buyers (16) pay a percentage of their earnings every year (17) the right to operate the business. They also must agree to pay for marketing efforts. A (18) of earnings (19) national advertising. Another percentage may go to local advertising. Franchises are a very big kind of small business. Like any other kind of business, (20) , there is no guarantee of success.