1. What is Franchising?

 Franchising is a business model in which a company (the franchisor) grants

an individual or another company (the franchisee) the right to operate a
business using its established brand, business model, and intellectual
property. The franchisee essentially pays for the privilege of leveraging the
franchisor's successful and proven business concept.
 Common examples of franchised businesses include fast-food restaurants,
retail stores, hotels, fitness centers, and service-oriented businesses.
Franchising has become a popular and effective way for businesses to grow
and reach new markets while offering entrepreneurs the opportunity to run
their own businesses with the support of an established brand and proven
business practices.

2. Difference between franchising and wholesaling?

 Franchising involves the licensing of a well-established brand and business
model, with the franchisor maintaining a higher level of control over the
franchisee's operations. Wholesaling, on the other hand, focuses on the
distribution of products to retailers or other businesses, with wholesalers
acting as intermediaries between producers and retailers.

3. If you’ll be given sufficient capital, what type of franchise business would you like
to establish in your municipality?
 A well-known coffee shop franchise could thrive in a municipality where there
is a strong demand for quality coffee and a cozy atmosphere for socializing or
working. This type of franchise is popular nowadays, let’s say the Don
Macchiatos, there is only one branch of it in the province of Biliran and it is in
Naval which is the capital of the province. If there is something like this kind of
well-known coffee shop franchise in our municipality, I can tell that it might
generate a large amount of profit. Not just because it is trendy, but it is also
new to the environment and can be more popular since there is no other well-
known coffee shop being establish in our municipality.