Outrageously Funny Word Dictionary :: Franchises

👉 Franchises, also known as franchise systems or corporate structures, are arrangements where a business operates under a single brand name. This allows for greater control and flexibility in managing the company's operations compared to individual owners or corporations. In franchising, a business owner or franchisee acquires a franchise agreement with a corporation that licenses their product or service. The franchisor provides the business with a set of guidelines, training, and resources, while the franchisee operates under the brand name and pays for

franchises