The franchise model is a two-party arrangement. The franchisee pays royalties and fees to the franchisor for the use of the brand name. This is a franchise based on proven brand guidelines that ensure customer satisfaction.
What is a franchise?
It is a system of business that distributes goods and services in a contractual arrangement. Franchisees are usually entrepreneurs who work with corporate brands.
The franchisee uses the brand, logo and products of the franchisor. They offer different ownership options so that entrepreneurs can operate a flexible business.
You can find out more information at a franchisor’s trade show. You can get started in this kind of business ownership.
