Franchise Licensing

Franchise licensing is a business arrangement where one party (the franchisor) grants permission to another party (the franchisee) to operate a business using the franchisor's brand, products, and operational systems. In exchange, the franchisee typically pays an initial fee and ongoing royalties. This allows the franchisee to benefit from an established brand and support while the franchisor expands their market presence without directly managing each location. It’s a way for businesses to grow through partnerships, combining the resources of both parties for mutual success.