A franchise outlet in a medicine store is a business that is owned and operated by an individual or company, but is affiliated with a larger, established brand in the pharmacy industry. The franchisee pays a fee to the franchisor in exchange for the right to use the franchisor's name, trademark, and business model.Franchising is a popular way for small business owners to enter into a proven business model with a built-in customer base and support from the parent company. In a medicine store franchise, the franchisee would be responsible for running the day-to-day operations of the pharmacy, including filling prescriptions, managing inventory, and providing customer service. The franchisor would provide support and guidance to the franchisee, including training on the franchisor's policies and procedures, access to marketing materials and promotional campaigns, and assistance with regulatory compliance.