Franchising is based on a marketing concept which can be embraced by an organization as an approach for organization expansion. Where carried out, a franchisor licenses some or all of its know-how, procedures, copyright, usage of its service model, brand name, and also legal rights to sell its branded products and solutions to a franchisee. In return the franchisee pays specific fees as well as accepts follow certain responsibilities, generally established out in a franchise arrangement. Words franchise business is of Anglo-French derivation-- from franc, suggesting free-- and also is utilized both as a noun and as a (transitive) verb. For the franchisor, use a franchise business system is an alternate organization development technique, compared to development with business had electrical outlets or store. Taking on a franchise system organization growth strategy for the sale as well as distribution of items and services lessens the franchisor's capital investment and liability ...