What is franchising?
Franchising is where the owner of a successful business ("the franchisor") licenses the use of its operating systems, brand, and other intellectual property, to enable another party ("the franchisee") to set up and operate an identical business elsewhere.
It provides initial training and give ongoing support to the franchisee. In return the franchisee pays the owner an initial fee and an ongoing management fee.
Watch the video below to learn more about what franchising is.
Find out how Franchise Intelligence help to franchise YOUR business. Listen to franchise consultant Clive Smith detail the process and…
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The franchise method is used to successfully grow business of all different kinds in a range of sectors.
Find out how to launch your franchise and to scale the business successfully in this video with Nick Strong.