As franchising provides several benefits to both corporations and small business owners, a growing number of contracts have been written through which corporations offer the right to use their brand name and business model, and small business owners pay fees for accepting the offers. In this...

Franchising plays a significant role in the rapid growth of its retail sales. Franchising is a system in which the franchisor grants a license, trademark,and service mark, as well as advice, and assistance in organizing, merchandising, and managing the business as a long-term business...