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Franchising is based on an advertising principle which can be adopted by a company as a technique for service expansion. Where executed, a franchisor certifies some or all of its knowledge, procedures, intellectual home, use of its organization version, brand, and civil liberties to market its well-known product or services to a franchisee. In return the franchisee pays certain charges and agrees to abide by specific obligations, typically laid out in a franchise business contract. The word franchise is of Anglo-French derivation-- from franc, implying free-- and is made use of both as a noun and as a (transitive) verb. For the franchisor, use of a franchise business system is an alternative organization development method, compared to growth via corporate possessed outlets or chain shops . Adopting a franchise business system company development technique for the sale and distribution of products and also solutions decreases the franchisor s capital expense and obligation risk. Franch...