Henry runs Moonlight Café, a world renowned fast-food restaurant, in his locality. He started the restaurant after getting a license from Moonlight Café and by regularly paying it a fee for the right to use its brand name, products, and methods of operation. Henry most likely operates a(n) _____.

Question

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Henry operates a franchise, which is a business model in which an entrepreneur purchases the right to use the trademark, products, and methods of operation of an already established company. The franchisor provides the franchisee with support and training to help them operate the business. The franchisee must adhere to the franchisor's rules and regulations in exchange for the use of the brand name and products.

Henry Runs Moonlight Café, a World Renowned Fast-Food Restaurant, in His