What is a franchise? A franchise is a business arrangement in which a company (franchisor) grants another party (franchisee) the right to use its brand, trademarks, and business model in return for an initial fee and ongoing royalties. The franchisor typically provides the franchisee with training, marketing support, and access to its supply chain. The …
What is a franchise & is buying a franchise the right choice for me? Are you considering a career change and possibly self employment via franchising and wondering what franchising is and if buying a franchise is the right choice for you? Firstly you need to understand exactly what is a franchise and why businesses …
What is a franchise? What is a franchise? Franchising is a method of distributing goods and services and expanding business through a licensing relationship. It involves relationships of interdependent businesses that allow people to share their methods of doing business, brand identification and proven distribution and marketing system. This is a marketing tool used by …