Franchising

Franchising is a business in which both involved parties have their benefits. They consist in the fact that the recipient of an established franchise gets a product to distribute, without paying for its establishment. Apart from this, the recipient receives other benefits, mostly in the form of know-how and stuff training.

The benefit for the provider of the franchise is first that he gets a certain amount of money without any made investments and second, which is much more important, without investing they are able to enter into new areas and reach new customers.

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