What Is a Franchise, and How Does It Work? - Investopedia
https://www.investopedia.com/terms/f/franchise.asp
When a business wants to increase its market share or geographical reach at a low cost, it may franchise its product and brand name. A franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. It sells the right to use its name and idea. The franchisee buys this right … See more Advantages There are many advantages to investing in a franchise, and also drawbacks. Widely recognized benefits include a ready-mad… Disadvantages
Advantages
There are many advantages to investing in a franchise, and also drawbacks. Widely recognized benefits include a ready-mad…
Disadvantages
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