First, the individual seeking to open the franchise, known as the franchisee, must purchase the rights to use the name and brand of the franchise controller, known as the franchisor. In addition to paying a licensing fee, the franchisor may also require the franchisee to purchase training, obey certain practice requirements, or engage in specific business practices. Finally, the franchisee must agree to give a percentage of their profits to the franchisor in the form of royalty payments. Once the franchisee has completed the franchise application and finalized the  paperwork, then they can begin the process of opening up their franchise store.