Franchising is a process of granting a trademark or a brand name along with the system of the business, trade secrets and uniformity with a business or person concerned in the exchange of a royalty amount for the business. The person providing the franchise is a franchisor whereas the person opting for the same is a franchisee. Options like franchising actually help in opting for what has already been established, well tried and tested by the audience.
2020-02-14
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