Essence of franchising

Franchising relations in the modern world are developing rapidly. Such dynamics is of particular interest for specialists, as franchising allows to develop small and medium business steadily, as a continuation of the already dynamically functioning large companies with their own brands. Franchising combines the strengths of large enterprises and small businesses, is a kind of symbiosis of organizations that are steadily developing even in a stagnant economy. Franchising creates an advantage for all parties - small and large businesses and the state. The government is interested in a dynamically developing stable business.