A franchise business is a business model wherein the owner of a business transfers the rights of carrying business on his behalf. A business model wherein an individual or business entity works under the brand name & contractual rights of other business. For the startup carrying on the business the established brand could be considered a great franchise business opportunity. There are various franchise business companies offering numerous franchise business models namely travels, money transfer, mobile recharge and others.
Advantages of franchise business opportunity:
Franchise business company that offers the business model confers several benefits to the franchisee such as -
1) Established brand
2) Established business model
3) Benefits of established market
4) Completing training & support
5) Low investment
6) Low break even & good ROI
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