Franchising is a business model in which an individual or group (the franchisee) is granted the right to use the trademark, products, services, and operating systems of an established business (the franchisor) in exchange for an initial fee and ongoing royalty payments.
Franchising has become a popular way for entrepreneurs to start their own businesses because it allows them to benefit from the experience and resources of an established brand without having to develop their own business system from scratch. This can reduce the risk of failure, as the franchisee is working within a proven model with a track record of success. You can learn more about this course on our IID platform.
Rs.1,100.00
