What is a Franchise

When a business develops a successful business model that is proving it self time and time again, often times the decide to become a franchise. In Franchising they open more stores that use the same business model owned by different individuals. This practice has also proven to be a more efficient way to successful distribute goods on a large scale. The individual establishments usually have a better chance of turning a profit because the owner of the individual store has a vested interest in its success.

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