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Franchising model is very sensitive to the economic and social challenges. Business-format franchising with its strict rules and regulations is now being transformed to quasifranchising, customized business-format franchising and quasifranchising with brand – hybrid franchising models. Even brand which is recognized as a backbone of a franchising model is not transferred from the franchisor to the franchisee in some hybrid franchising models. The report which is based on factor, sector and timeline analysis would be of interest to potential entrepreneurs as well as students specializing on franchising.