Franchising law involves helping new business owners evaluate franchising opportunities, and assist in the purchase and operation of business franchises -- an alternative to starting a new, independent business from scratch. Franchising allows businesses owners to reduce their investment risk by associating with an established company, but may also require business owners to relinquish significant control over their business.
Waltham is a city in Middlesex County, Massachusetts, United States, billed by the Chamber of Commerce as the "birthplace of the American industrial revolution", and an early center for the labor movement. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning. The city is now a center for research and higher education, home to Brandeis University and Bentley University. The population was 59,226 at the census in 2000. Waltham is commonly referred to as Watch City because of its association with the watch industry. Waltham Watch Company opened its factory in Waltham in 1854 and was the first company to make watches on an assembly line. It won the gold medal in 1876 at the Philadelphia Centennial Exposition. The company produced over 40 million watches, clocks and instruments before it closed in 1957.