Question

explain licensing and franching . how do they differ?

Answer 1

The Truth About Franchising vs. Licensing in 3 Minutes | SCORE Another fundamental difference between franchising and licensing is the amount of control a franchisor holds over the franchisee. When you franchise your brand or business, you retain an enormous amount of power. You supply the business model, and you can define the territory in which any given franchisee can operate.

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