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What exactly is a ‘Franchise’?

A franchise, whether it’s a coffee franchise, cleaning franchise, home care franchise or a franchise food outlet, is a method that allows an existing individual or new business to buy into an established business operating system, brand name and advice network.

If you buy into a coffee franchise for instance, you take responsibility for the premises, the product & the profits. The franchise that you are working with will take a fee (usually a percentage of turnover) in exchange for support & information that helps you run your business.

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