A Franchise is nothing more than a business that uses the exact same "model" no matter where the location exists. For Example: No matter where you go, you will see that every McDonald's Restaurant uses the same logo, uniforms, menu and offers the same "customer experience". The reason why the Franchise Model is so successful is because you can replicate it without "reinventing the wheel".
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Franchises is the method for selling mid-size companies that may otherwise be difficult to finance in a traditional sale.It is mainly new concept of opening further branches of your business.
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