Is there any Difference between Franchising and Licensing?

LET'S GET SOCIAL?In the franchising industry, Franchising and Licensing are often used interchangeably. Many get confused between the two. Franchising refers to the arrangement between a franchisor and a franchisee where the latter enjoys the ownership of a business for a fee, and the former controls the processes. In contrast, Licensing is the arrangement between … Continue reading Is there any Difference between Franchising and Licensing?