Franchising is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding the two parties is the “franchise,” but that term more commonly refers to the actual business that the franchisee operates. The practice of creating and distributing the brand and franchise system is most often referred to as franchising.
As a Franchisee You Can
Ride the success of the franchisor without starting from scratch and establish a business model
Get access to an internationally established program
Start the business quickly
Get training for teaching and managing the business