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What Is Franchising?

Business : Starting Up In Business

This is the name given to a business you run by using some, or all, aspects of another business.

Thus, if you become a franchisee of a big burger chain, you would open one of their restaurants, and sell all their products and services in a very prescribed way.

With other franchises, you have much more flexibility: you should always have the name and brand, but the products, the method of sale and so on may vary slightly.

By: Stephen

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