What is Franchise Business? How to Start Your Own Franchise Business?

A franchise business can be simply explained as an arrangement where a successful business sells the right to use its business model to other entrepreneurs for a sum of money. Though Wikipedia states that the word franchise originated from the Anglo-French word ‘franc’ which meant free, a franchise business model is never ever given away for free. You already know of many top franchise businesses like McDonalds, KFC, Pizza Hut etc. If...

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