{"id":60624,"date":"2023-12-11T15:21:16","date_gmt":"2023-12-11T15:21:16","guid":{"rendered":"https:\/\/kiiky.com\/wealth\/?p=60624"},"modified":"2023-12-11T15:21:19","modified_gmt":"2023-12-11T15:21:19","slug":"how-does-franchising-work","status":"publish","type":"post","link":"https:\/\/kiiky.com\/wealth\/how-does-franchising-work\/","title":{"rendered":"How Does Franchising Work? Best Profit Margins","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
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Franchising works as a business model where an entrepreneur (franchisee) purchases the right to operate a proven business model and brand from an established company (franchisor). The franchisee gains access to the franchisor’s expertise, support, and established customer base in exchange for a fee and ongoing royalties.<\/p>\n\n\n\n
How does this happen? What are its advantages and disadvantages? How do they make a profit? Read on to find out how franchising works.<\/p>\n\n\n\n
Let\u2019s get started!<\/p>\n\n\n