Product Franchising
Production Franchising
When developing a business-style franchise (which is the most common type), a business expands by providing independent entrepreneurs with an established business, including the name and brand.
The franchise company generally provides considerable nurse database assistance to independent business owners in starting and running their businesses.
In return, business owners pay commissions and royalties.
In most cases, the franchisee also purchases supplies from the franchisor.
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Franchising in business format
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