A franchise essentially means buying the license to operate a business using the franchisor's brand, with their products or services and taking advantage of their proven business model. Licensing agreements are used to define each individual franchise and include the terms of the agreement. This can vary depending on the sector and the franchise.
Becoming a franchisee is the perfect way to get started in business. With benefits including;
- Proven business model
- Training and support
- Established brand and reputation
- Business development support
- Marketing support