Regional Franchise
A Regional Franchise is a type of business model where a franchisor grants the rights to a franchisee to operate a business within a specific geographic area. This arrangement allows the franchisee to use the franchisor's brand, products, and business systems while maintaining control over operations in their designated region.
Typically, regional franchises are beneficial for both parties. The franchisor expands their brand presence without directly managing every location, while the franchisee gains access to a proven business model and support. This structure can lead to increased market penetration and brand loyalty within the local community.