A franchise business is a method of expanding a business and distributing goods and services through a licensing relationship. It involves a formal contract between a franchisor and a franchisee, granting the franchisee rights to use the brand, business model, and associated support systems of the franchisor. This model allows established brands to grow rapidly while providing entrepreneurs with a proven business model and brand recognition.
This model allows established brands to grow rapidly while providing entrepreneurs with a proven business model and brand recognition.
Associate will pay an initial Association fee, ongoing royalty payments, and potentially other fees for supplies and marketing.