In India, the franchises industry is currently growing. Instead of starting their own company from scratch, entrepreneurs prefer to own a franchise. A franchise system, often known as franchising, is when an already successful company enables another entrepreneur to use its name and domain for a fee. Thus, franchise system is the process by which a well-established entity offers a licence to the next entity to operate the business using its brand, trademark, and experience. The franchisor is the organisation that issues a business licence to another organisation. The franchisee is the organisation that purchases the franchisor’s business licence.