
franchise brands
A franchise brand is a business model where an individual or company (the franchisee) is granted the rights to operate a business using the name, products, and systems of an established company (the franchisor). This allows the franchisee to leverage a proven brand and support structure while expanding the company's reach. In exchange, the franchisee typically pays fees or royalties. Popular examples include fast-food chains like McDonald's or retail brands like 7-Eleven. Franchising offers entrepreneurs a way to start a business with an established reputation and operational guidance, reducing some of the risks associated with new ventures.