Question

Explain the term Franchise.Give the advantages of using it.

Answer 1

Answer:

Franchising, as an alternative form of capital acquisition, offers some advantages. ... First, since the franchisee provides all the capital required to open and operate a unit, it allows companies to grow using the resources of others. By using other people's money, the franchisor can grow largely unfettered by debt.

Answer 2

Answer:

Franchising, as an alternative form of capital acquisition, offers some advantages.First, since the franchisee provides all the capital required to open and operate a unit, it allows companies to grow using the resources of others. By using other people's money, the franchisor can grow largely unfettered bed for fever flow.