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  1. Understanding Franchises: How They Work and Their Benefits

    Oct 11, 2025 · What Is a Franchise? A franchise is a business model where the owner licenses operations, products, branding, and knowledge for a fee.

  2. Franchising - Wikipedia

    A McDonald's franchise in Moncton, New Brunswick, Canada Franchising is a business practice where a company licenses its business model to another company, or more precisely, where the franchisor …

  3. What Is Franchising & How Does It Work? | Britannica Money

    A franchise is a business agreement in which a business (franchisor) grants another person or business (franchisee) the right to use its trademark brand and business systems in exchange for ongoing …

  4. What is a Franchise - International Franchise Association - IFA

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

  5. What Is a Franchise & How Does It Work? SMB Guide

    Jun 24, 2024 · A franchise is a business model in which a parent company, or licensor, grants permission to a licensee to share its business concept. The resulting business, a franchise, helps the …

  6. The Complete Guide to Franchises - AllBusiness.com

    A franchise is a type of license that allows a franchisee to operate a business using the franchisor's trademarks, branding, and business methods. The franchisor provides the framework for business …

  7. What Is a Franchise? And How Do They Work? - Franzy

    Jul 30, 2025 · A franchise is a business model where an individual (franchisee) operates under an established brand’s name and system while following specific guidelines. The franchisor provides …