|  | Franchising is the practice of the right to use 
	a firm's 
	
	business model 
	and brand for a prescribed period of time. The word "franchise" is of 
	Anglo-French derivation—from franc, meaning free—and is used both as a noun 
	and as a (transitive) verb. For the 
	franchisor, the franchise is an alternative to building "chain 
	stores" to distribute goods that avoids 
	the investments and liability of a chain. The franchisor's success depends 
	on the success of the franchisees. The franchisee is said to have a greater 
	incentive than a direct employee because they have a direct stake in the 
	business. |  |