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Siddharth Singh

Class 10th
Sst
2 years ago

What is Franchise.

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Sundaram Singh

2 years ago

A franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. It sells the right to use its name and idea. The franchisee buys this right to sell the franchisor's goods or services under an existing business model and trademark.

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