Franchising involves selling the right to use your name and operating methods to foreign companies.

Name: Franchising involves selling the right to use your name and operating methods to foreign companies.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

Franchising involves selling the right to use your brand name and operating procedures to another company or individual, allowing them to operate under the same brand and follow the same procedures as the original business. This is usually done in exchange for a fee or a percentage of profits.

Franchising Involves Selling the Right to Use Your Name and Operating