Franchising has been the adopted business method of many 'household names' especially in the retail food, hotels, travel and home services sectors.

The term covers a range of licensed business models but most frequently is used in relation to business format franchising, where franchisors deliver to their franchisees in return for usually an initial fee plus ongoing royalties, advertising contributions and product or service purchasing, the rights to operate a branded business with according to a successful, well proven and documented system.

Franchising covers a wide range of product and service sectors and remains one of the world's fastest business growth areas, none more so than in the newly developing economies such as those of China and India and increasingly within the emerging service and IT sectors.

Transworld executives share 50 years of collective international franchise experience ranging from senior professional and management roles in global 'house hold' names such as KFC , to advising governments and providing high quality legal, commercial, strategic and tactical advise, along with practical support services to a range of international franchisors and franchisees .