The Franchise Company

A franchise company is a business model where one company (the franchisor) grants individuals or other businesses (franchisees) the right to operate a location or branch using its brand, products, and processes. The franchisee benefits from established branding, support, and a proven business system, while paying fees or royalties to the franchisor. This setup allows rapid expansion of the brand across different areas without the franchisor managing every location directly. It's a mutually beneficial relationship, combining the franchisor’s expertise with the franchisee’s local investment and management.