Franchising today
Franchising today is vastly different to franchising of the past. It has grown throughout the world over the past 20 years to be a multi-billion dollar sector of small business.
Business system franchising is a method of doing business whereby a franchisee (i.e. you) is granted the right to offer sell or distribute goods or services under a business system developed and determined by the franchisor.
Further, the franchisor provides expert advice, guidance and assistance on an ongoing basis, for which they receive an ongoing fee.
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