Interestingly enough, the etymology of the actual word "franchise" stems from French origins, wherein it was defined as holding particular privileges. In the middle ages, these privileges were bestowed upon select members of society to run certain fairs, markets, and industries. See a more detailed history of franchise development here.
Moving foward with buying a franchise is a great investment that can provide one with much greater security than a single small business start-up. Read more about your options in buying a franchise here.
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