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.
Hobbs is a city in Lea County, New Mexico, United States. The population was 28,657 at the 2000 census. Hobbs is the principal city of the Hobbs, New Mexico Micropolitan Statistical Area, which includes all of Lea County.