A franchise dealership is a business model where an individual or company (the franchisee) is granted the right to sell products or services of a larger company (the franchisor). This arrangement allows the franchisee to operate under the established brand name, benefiting from its reputation and support. For example, a car dealership that sells vehicles from a well-known manufacturer like Toyota is a franchise dealership.
Franchise dealerships often receive training, marketing assistance, and access to a proven business system from the franchisor. This support helps franchisees manage their operations more effectively and attract customers. Overall, franchise dealerships combine the independence of owning a business with the advantages of being part of a larger brand.