Global Franchise market is predicted to reach approximately USD 19.42 billion by 2032, at a CAGR of 9.29% from 2024 to 2032.
The global franchise market is like a vast marketplace wherecompanies sell the rights to operate their business model and usetheir brand name in exchange for fees and royalties. It's sort of likeopening a branch of a popular restaurant or store in yourneighbourhood, but with guidelines and support from the parentcompany. Franchises come in all shapes and sizes, from fast-foodchains to fitness...
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