Franchising is when someone uses another person's idea or business formula to start their own business.
The person selling the franchise namely the franchisor grants the independent operator namely the franchisee to copy and distribute its products and use its trademarks and name in return for a percentage or royalty payment of the gross monthly /yearly sales. In most cases the franchisee will also have to pay an upfront one time franchise fee also to the franchisor. The
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