Franchising works well with services that can be standardized and virtually duplicated.

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Franchising is a business model that involves the replication of a successful business concept by the franchisor to the franchisee. The success of this model depends on the ability to standardize and replicate the business concept, which works well for services that can be standardized and virtually duplicated. This allows for consistent delivery of the service across all franchise locations, ensuring that customers know exactly what to expect no matter where they go. Therefore, franchising works well with services that can be standardized and virtually duplicated.

Franchising Works Well with Services That Can Be Standardized and Virtually