A single-unit franchise is a business model where an individual franchisee is granted the rights to operate one location of a franchised brand. This arrangement allows the franchisee to use the brand's name, products, and operational systems while maintaining some degree of independence in running the business. Single-unit franchises are often favored by new entrepreneurs as they require less capital and resources compared to multi-unit or master franchises, making them accessible for individuals looking to start their own business.
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