What is the difference between franchise and corporate?



What is the difference between franchise and corporate?
Difference Between a Franchise & a Corporation | LegalZoom Legal …
Jun 4, 2019

Many chain restaurants, hotels and retail stores are owned as franchises, meaning the parent company provides permission for the local owner to use the parent company’s name and products. A franchise can be owned as a corporation, sole proprietorship, limited liability company or other business structure.

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