What is franchisee? How does it work?
When you consider starting your own business, you have the choice ofstarting from the scratch, buying an existing business, or looking at a
business opportunity like a franchise model. Owning and operating a franchise
is relatively easier and can also be quite profitable. When you buy a franchise,
you buy the right to use a specific trademark or business concept. While you own the
business, its operation is governed by the terms of the franchise agreement.