What Is The Definition of Franchising?
Introduction : Product Distribution Franchising in India is fast giving way to the development of Business Format Franchising, which first evolved in response...
Introduction : Product Distribution Franchising in India is fast giving way to the development of Business Format Franchising, which first evolved in response...
Meaning : Franchising is the method whereby the firms transfer the rights & products to another party, who in turn takes the responsibility...
In order to understand the concept of franchising, let us start by studying some definitions of the term franchising: Webster’s dictionary defines “franchise” as...
Types of Franchising The basic objective of franchising is the expansion of a business, by furthering the distribution of products/services. By virtue of this fact,...