What is restaurant franchising?

Franchising is a way for restaurant owners to expand their business by partnering with other business owners. In a franchise agreement, the franchisor grants the franchisee the right to use their name, logo, and business model in exchange for a fee. The franchisee then opens and operates a new restaurant following the franchisor's guidelines. Franchising is a popular option for many restaurateurs because it allows them to grow their business without incurring the full cost of opening and operating new locations. It also gives them access to proven business models and marketing strategies.