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22 September, 20:04

Entrepreneurs who want to open a franchise?

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  1. 22 September, 22:19
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    Answer on ED.:

    B: "buy the rights from the parent company and invest in a location approved by the parent company."
  2. 22 September, 22:40
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    Entrepreneurs who want to open a franchise have to buy the rights from the parent company and invest in a location approved by the parent company.

    Franchising refers to a method for expanding a business and distributing goods and services through a licensing relationship.

    The two parts involved in a franchise are: franchisors, a person or company that grants the license to a third party fto conduct a business under their marks; and the franchisees, who is granted the license to do business under the trademark and trade name by the franchisor.
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