1. Franchising began in 1850’s when Isaac Singer; the inventor of sewing machine wanted to distribute his machines outside of his geographical area, and also provides training to customers. Singer began selling licenses to entrepreneurs in different parts of the country.
2. In 1955 Ray Kroc took over a small chain of food franchises and built . it into today’s most successful fast food franchise known as McDonald’s.It has the most franchise units worldwide of any franchise system.
