What is Franchising?

      One of the best business opportunity. Franchising is the business practice of using one company's successful business model. It means, taking advantage of a business that's already proven to profit and have been tested in the real world. The word 'franchise' is of Anglo-French derivation - from franc- meaning free, and is used both as a noun and as a (transitive) verb. For the franchisor (original owner of the business), the franchise is an alternative to building 'chain stores' to distribute goods and avoid investment and liability over a chain. The franchisor's success is the success of the franchisees. The franchisee is said to have a greater incentive than a direct employee because he or she has a direct stake in the business.