What is Franchising? Franchising is a well-known business strategy. Franchising is a form of contractual agreement in which a franchisee (a retailer) enters into an agreement with a
Franchising offers various benefits to both franchisee and franchisor in many ways. The following are some of the disadvantages of franchising to franchisee and franchisor.. Disadvantages of franchising
Advantages of Franchising Under franchising, the service provider develops the business format and licenses it to others. A franchisor expands his business through franchising as it offers certain
Determining the number of franchises A franchisor typically begins by developing a business concept which is unique in some ways. It may be a fast food concept with
What is Franchising? Franchising is a relationship in which the service provider (franchiser) develops and optimizes a format of service that it licenses to other parties (the franchisees)