What does franchising entails ?

[Johnson2468]

Franchising is a popular business model in which the owner of a business (the franchisor) grants the right to use their brand, business model, and other proprietary information to another person (the franchisee) in exchange for a fee and a percentage of the franchisee's profits.

 

[Magnus2022]

Franchise is absolutely okay because it will save time and also help a beginner to jumpstart a business without following a lot procedures. It gives a business owner chance or opportunities to start making money immediately without registering his company, designing his logo, producing his products etc.

 

[Shavkat]

It means that you are doing transaction to frachise a particular business. The matter of having a stable business that can compete agains te competitors in the business market locally or internationally.

 

[uptrendfinancialsignal]

Franchise could mean that you are selling the products of another company having given the right to do so.