With the pandemic, almost every type of functionary came to a standstill except the very essential ones. But as life must go on, the humankind has found ways to carry on with life.
Franchising can be a good model to expand a business of the franchisor by granting license to franchisees. Generally, this gives a franchisee an access to use the knowledge, processes, ‘know-hows’ and trademarks of the franchisor and sell a branded product or service under their goodwill and name.
With the pandemic, almost every type of functionary came to a standstill except the very essential ones. But as life must go on, the humankind has found ways to carry on with life.
Franchising can be a good model to expand a business of the franchisor by granting license to franchisees. Generally, this gives a franchisee an access to use the knowledge, processes, ‘know-hows’ and trademarks of the franchisor and sell a branded product or service under their goodwill and name.
