What is a franchise give three examples?

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1257538

2026-07-07 01:20

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A franchise is a business model where an individual or group (the franchisee) is granted the rights to operate a business using the branding, products, and operational systems of an established company (the franchisor). This arrangement often includes training and support from the franchisor in exchange for fees or royalties. Examples of franchises include McDonald's, Subway, and Marriott Hotels.

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