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The Franchise market is a business model in which a company (the franchisor) grants a license to an individual or group (the franchisee) to conduct business using the franchisor's name, products, and services. The franchisee pays a fee to the franchisor in exchange for the right to use the franchisor's name, products, and services. The franchisee is also responsible for the day-to-day operations of the business.
Franchising is a popular business model, as it allows the franchisor to expand their business without the need for additional capital or resources. It also allows the franchisee to benefit from the franchisor's established brand and reputation.
Some of the most well-known companies in the Franchise market include McDonald's, Subway, KFC, Pizza Hut, and Dunkin' Donuts. Show Less Read more
