Franchising is the exercise of borrowing another company's profitable business model. 'Franchise' is originated from the Anglo-French word frank - meaning free. It provides the owner with the alternative to establish a ‘chain store’ to transmit the goods and avert investing and liability in the network. The achievement of the owner depends on the achievement of the owner. However, in China (2007), there is clear federal (US and state) legislation about entitlement. Most countries in the world comprehend a ‘right’, although there are legal requirements. In the absence of a particular law, possession is deemed to be a diffusion policy that pertains to the trademark (owner organization) rules regulating a particular treaty.

Abhijith S

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