Outrageously Funny Word Dictionary :: Franchisement

👉 Franchising, also known as franchiseing, is a business model in which an individual or company acquires and operates a business with the aim of creating a market for their product or service. Franchisors are responsible for marketing, branding, training, and managing the operations of the franchised business. In this context, "franchising" refers to the process of acquiring and operating a franchise business through a partnership between an individual or company that acquires the rights to operate the business under

franchisement