franchiseagreement

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    Understanding Franchise Business

    Introduction to Franchise: Definition and Examples Franchise is a type of business model that involves a contractual agreement between two parties, the franchisor and the franchisee. The franchisor grants the franchisee the right to use their brand name, products, and services, as well as their business system and operating procedures, in exchange for an initial fee and ongoing royalties. Franchising…

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