Question

What is Brand Franchise??


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Answer 1

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An agreement between a wholesaler or retailer and the holder of a brand for the distributor to use that brand exclusively in an area. This helps the wholesaler or retailer boost its sales, because it can tap into customers' brand loyalty

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Answer 2

Answer:

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❥ A franchise, in its simplest definition, is a business opportunity that allows the franchisee (possibly you) to start a business by legally using someone else's (the franchisor's) expertise, ideas, and processes.

❥ This concept is called franchising. As a franchisee, you purchase this right by means of an initial fee$\huge\purple{♡︎}$