• Lifestyle

    A Beginner’s Guide to Buying a Franchise

    Understanding Franchise Business Models Before buying a franchise, it’s essential to understand the franchise business model. A franchise is a type of business where an established company (franchisor) grants the right to use its brand, products, and services to another individual or company (franchisee). In return, the franchisee pays an initial fee and ongoing royalties to the franchisor. The franchisee…

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