Franchising means standardizing, in such a way as to easily transmit the processes that have led to the financial and organizational success of the parent company. In this way, giving a winning business model to a local entrepreneur who knows his area very well causes the strength to multiply.
Therefore, by the parent company, while the franchisee, knowing his territory, adapts those successful practices and carries them forward with results.
When a business wants to increase its market share or market its amazon data products in untapped areas, it can create a franchise for its product and brand.
The franchisor owns the original or existing business and sells the right to use its name and idea.
The franchisee is the individual who purchases the right to sell the franchisor's goods or services based on the existing business model and brand.
successful practices are shared
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MasudIbne756
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