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 Today's Franchising, called "Business Format Franchise" is a way of doing business where a successfully proven company grants the third the right to explore its services, brand and to use its management methods in exchange for financial counterparts.
The main company is called the franchisor and the person or entity to whom the right to conduct a business is granted by the franchisor or licensor is called the franchisee.
For the Mr.Electric franchisee this the chance to have or develop a business with much less risk and having the support of a company holding a solid branding and system.
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