Hi The word usually refers to a situation where a large company has a business that, let's say, supplies chicken nuggets, fries and soft drinks I think that I could make a living in that way but I don't want to go to the trouble of making the food myself and inventing a brand for it. So I buy a franchise in the large company. In return, they give me the right to sell their products from my shop and they supply the goods I can't quite tell from your sentence what is meant.
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dave_anoncan't quite tell from your sentence what is meant. It may mean that I have set up in business by myself and am doing really wellThanks for your clarification and help.
dave_anonAn investor then comes along and says: you have a good idea there, I will put money into you business with a view to creating a chain of shops like tha
dave_anonI'm no expert in business but I was interested in the question and did a bit more researchI think you can franchise by just buying into a large company that gives you a business model. You pay them a fee and they help you run a small business along the lines that they have already established. They give you a brand name and manage the supply of goods in exchange