As a growth strategy,franchising can provide you with the ability to improve your market share by increasing your number of points for distributing your product or service.

Question

Quizplus · Accepted Answer

Franchising allows you to expand your business by granting other people the right to use your brand name, products, and services in exchange for a fee or percentage of sales. By creating a network of franchisees, you can penetrate new markets and create a wider distribution network, which can increase your market share and revenue.

As a Growth Strategy,franchising Can Provide You with the Ability