Franchising

Franchising is a popular business model that allows entrepreneurs to leverage an established brand and proven business system.
In a franchise arrangement, a franchisee obtains the right to use the franchisor’s brand name, trademarks, and business methods in exchange for paying fees and royalties.

Franchising offers many benefits, including a lower risk of business failure compared to starting a business from scratch, access to a recognized brand and customer base, comprehensive training and support from the franchisor, and economies of scale through collective purchasing power.