Category: Franchising

Have you thought about franchising your business as a business expansion strategy? If you haven’t explore franchising to expand your business, now is the time to explore this type of business modelling. As a franchisor, you license your know-how, procedures, intellectual property, use of your business model, brand and rights to sell your branded products/ services to a franchisee. In return the franchisee pays certain fees and agrees to comply with certain obligations.