Franchise

barista in coffee shop
Entrepreneurship

Why Is Franchising A Smart Business Solution?

BY
Angelica Aurelio

Franchising is a method of distributing products or services and is an advantage to being a business owner without starting from the ground up. It involves a franchisor and a franchisee. The franchisor establishes the brand's trademark or trade name and a business system. At the same time, the franchisee pays the royalty and an initial fee for the right to do business under the franchisor's built name and design. Investing in a franchise will help you create a successful business for yourself rather than by yourself.