Licensing is a form of franchising.

Name: Licensing is a form of franchising.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Licensing and franchising are two distinct business models, although they do share some similarities. While franchising involves a more comprehensive relationship between the two parties, licensing generally only provides the licensee with permission to use the licensor's intellectual property or technology.

Licensing Is a Form of Franchising