The madaris rose as colleges of learning in the Islamic world in the 11th century, though there were institutions of learning earlier. They catered not only to the religious establishment, though that was the dominant influence over them, but also the secular one. To the latter, they supplied physicians, administrative officials, judges, and teachers. Even to this day many registered madaris are Working effectively and coping up with Modern Education System such as Dar-e-Arqam which is a chain of Islamic schools in Pakistan and in European and other countries established by Dawat-e-Islami. The Dar-e-Arqam are also known as Faizan-e-Madina. Dawat-e-Islami has grown its network of Madaris from Pakistan to Europe.
A franchise business is a business in which the owners, or franchisers, sell the rights to their business logo and model to third parties, called franchisees. Franchises are an extremely common way of doing business. In fact, it’s difficult to drive more than a few blocks in most cities without seeing a franchise business. There are franchise business opportunities available across a wide variety of industries. To invest in a franchise, the franchisee must first pay an initial fee for the rights to the business, training, and the equipment required by that particular franchise. Thereafter, the franchisee will generally pay the franchise business owner an ongoing royalty payment, either on a monthly or quarterly basis. This payment is usually calculated as a percentage of the franchise operation’s gross sales.
After the contract has been signed, the franchisee will open a replica of the franchise business, under the direction of the franchiser. The franchisee will not have as much control over the business as he or she would on their own, but may benefit from investing in an already-established brand. Generally, the franchiser will require that the business model stays the same. For example, the franchiser will require the franchisee to use the uniforms, business methods, and signs or logos particular to the business itself. The franchisee should remember that he or she is not just buying the right to sell the franchisers services, but is buying the right to use the successful and tested business process.