Franchising is a business model that allows individuals to own and operate a business using the branding, products, and systems of an established company. By franchising your business, you can expand your brand and increase your revenue by allowing others to open their own location under your name and with your support. This involves granting franchisees the right to use your company's intellectual property, such as its name and logo, in exchange for a franchise fee and ongoing royalty payments. In return, you provide support and resources to help the franchisee succeed, such as training, marketing, and operational support. Franchising is a popular way for businesses to grow and for entrepreneurs to start their own businesses with a proven concept.
This course will teach you how to franchise your business from a very Basic level.