hat is franchising? (Entrepeneurship 12th)
Answers
Answer:
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Explanation:
A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees).
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Explanation:
franchising is based on a Marketing concept which can be adopted by an organisation as a strategy for Business expansion where implemented of French is a listen is no producers intellatual property use of its business model plant and try to sell its branded product and service to a franchise
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