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A Franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. it sells the right to use its name and idea.The franchise buy's the right to sell the franchisor's goods are services under an existing business model and trademark. the franchisee is the individual who buys into the original company by purchasing the right to sell the franchisor's goods or service under the existing business model and trademark.

A Franchise is a joint venture between a franchisor and a franchisee. The franchisor is the original business. it sells the right to use its name and idea. The Franchise buy's this right to sell the franchisor's goods or services under an existing business model and trademark. the franchisee is the individual who buys into the original company by purchasing the right to sell the franchisor's goods or service under the existing business model and trademark.