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.
Stambaugh was a city in Iron County in the U.S. state of Michigan. In the 2000 census, the city population was 1,243. Effective July 1, 2000, the city of Stambaugh and the village of Mineral Hills were both merged into the city of Iron River. The city was adjacent to Stambaugh Township, but was administratively autonomous.