Commercial Franchising is a business model where a company (the franchisor) allows individuals or other businesses (franchisees) to operate using its brand, products, and services. In exchange, franchisees pay fees and royalties to the franchisor. This arrangement enables franchisees to benefit from an established brand and proven business practices. Franchising is common in various industries, including fast food, retail, and hospitality. It provides franchisees with training, support, and marketing resources, helping them to succeed while expanding the franchisor's market presence. Popular examples of franchises include McDonald's, Subway, and 7-Eleven.