When a problem occurs with an iPhone cellphone such as a frozen or hanging screen, doing a factory reset can be a solution to overcome this problem.
Then if you want to sell your cellphone, a factory reset must be done so that your personal information is deleted from the device.
Resetting an iPhone to factory settings will return your phone to the state it was in when it was first purchased. Before doing a factory reset, you need to back up your data. The following are the steps that must be taken, quoted from Business Insider.
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Steps to do a factory reset on iPhone
Before doing a factory reset, make sure your data is backed up first.
Go to Settings, then scroll down to tap General.
At the bottom of the General page, tap Transfer and Reset iPhone.
To factory reset your iPhone, tap Erase All Content and Settings.
Select Continue to confirm that you want to wipe iPhone data.
On the next screen, enter your password.
Your iPhone will then create an iCloud backup. If you already made a backup, tap Skip Back Up at the bottom.
Enter your Apple ID password then tap Turn Off in the upper right corner. This will turn off Find My and Activation Lock.
Finally, tap on Erase iPhone to erase all content and settings. This can take a few minutes, depending on how much data you have stored on your iPhone. Once the wipe is complete, your device will be reset to the state it was in when it was first purchased.