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Franchising

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May 1, 2024 Updated May 31, 2025 31 minute read

Franchising: A Comprehensive Guide to a Popular Business Model

Franchising is a business model where one party (the franchisor) grants another party (the franchisee) the rights to use its business name, trademarks, and operating system in exchange for a fee and ongoing royalties. It's a popular method for individuals to own and operate a business with the support of an established brand and proven system. This model allows franchisors to expand their brand presence and market share more rapidly than through corporate-owned expansion, while franchisees benefit from a turnkey business opportunity with a lower risk profile than starting an independent venture from scratch.

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Reading list

We've selected six books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Franchising.
This practical guide provides a step-by-step roadmap for franchising a business.
This beginner-friendly book provides an overview of franchising and helps readers decide if it's the right business model for them.
Provides a practical guide to the franchising process, from developing a franchise concept to marketing and selling franchises.
Focuses on the specific challenges and opportunities of international franchising.
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