A business owner can expand a business in many different ways. Franchising is one of those ways. A franchise business model is a business system where an established company offers the rights to open and operate a new location with its brand name, products, and services. The franchisee (the person who owns the new location) pays royalties to the franchisor (the brand owner) to use their trademarks, logos, recipes, and other proprietary information.
Have you thought about taking your business to the next level by utilizing the franchising model?
from StartUp Mindset https://startupmindset.com/how-to-franchise-your-business/