What is a franchise?

Franchises - what are they, and how do they work? There are more of them out there than you might think, and buying into one can be fraught with dangers. Professor Jenny Buchan, from UNSW Business School explains.

[CtoC]

Thank you for the easy to understand explanation Jenny :)

[nirmal]

Thanks mom, I found information very useful.

[coopsnz]

Dumb green & Alp think franchise owner are a corporation