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1 1. Discuss franchising and how do you know if a franchise is right for you as a franchisee? A franchise is a technique used to distribute services and products. It involves a franchisor and a franchisee. The franchisor is the individual who controls the trademark and the system of the business while the franchisee often has to pay royalties of a fee upfront in order to be able to use the business’ trademark. The franchise is the business that the franchisee is able to run after securing it from the franchisor. In order to make a right decision as to whether a franchise is necessary, it is ...
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