Franchise: Franchise means development. If you would like to run your business with passive income sources that time, business should be expand in multiple ways. Business goes hand and hand with marketing and franchising. There are lots of businesses which can be growing with franchise model. Franchise is replica of main branch or company. Franchise Structure: 1. Franchisee: A person, who will buy a franchise, is a franchisee. After franchising, Franchise buys the right to operate a business, while using the franchisor name and existing branding. 2. Franchisor: This pertains to the company that sells franchises to franchisees. Franchisors are primarily the parent company that has settled and established processes, products, and branding. The same is then passed on to franchisees in exchange...