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Franchising refers to the method of practicing and using another person's philosophy of business. The "franchisors" authorize the proven methods and trademarks of their businesses to "franchisees" for a fee and a percentage of gross monthly sales. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last five to twenty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees.
A franchise is a legal and commercial relationship between the owner of the franchise or business model and an individual or group seeking the rights to use that identification in a business. There are many sites on the web that help potential entrepreneur research the thousands of franchise opportunities that exist. Franchises span all business industries from automotive, health care, home based, internet, restaurants, taxes, educational, B2B, B2C, service-based, product-based, and much more. Franchises also typically come with a set of benefits from the franchisor such as site selection, training, product supply, marketing plans, and financing. See the Related Links to search Franchise Gator, a leading franchise information website. An example of franchise marketing company in Canada is ClickTecs.com, they are offering their franchise marketing services to local and international franchisors online.
Wiki User
∙ 8y ago
Wiki User
∙ 10y agoFranchise" is an agreement between two parties which allows one party i.e. the franchisee, to market product or services using the trademark and operating methods of the other party i.e. the franchisor.
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What is the hot franchise to own?
There are many "hot" franchises to own. It depends upon what industry you are interested in. Many people think of fast food when they mention franchises, but there are dozens of different industries like Automotive, Business Services, Child Franchises, Fitness Franchise, Healthcare Franchises, Coffee Franchises, Mobile Franchises, and many many more.
What are some business services franchises?
Many major businesses are franchises including restaurants like McDonalds and Pizza hut. Some hotels like Hampton inns are franchises. Supercuts, Jiffy lube and 7/11 are a few other examples for franchises.
How can one start up their own handyman franchise?
One can start up their own handyman franchise by searching the handyman franchise directory. There are many industries that one can explore if one is interested to start up this franchise, these include cleaning franchises, home decor franchises, maintenance franchises, repair and restoration franchises.
What the plural from franchise?
The plural is franchises.
What are some of the most reputable cleaning franchises?
Some of the most reputable cleaning franchises include Vanguard Cleaning Systems, Jan-Pro Franchising, and Stratus Building Solutions. You can find a list of the top 10 cleaning franchises at the website Entrepreneur.
What is the hot franchise to own?
There are many "hot" franchises to own. It depends upon what industry you are interested in. Many people think of fast food when they mention franchises, but there are dozens of different industries like Automotive, Business Services, Child Franchises, Fitness Franchise, Healthcare Franchises, Coffee Franchises, Mobile Franchises, and many many more.
How many franchises did Ray Kroc sell from 1958 to 1961?
200 franchises
Where can i find the best info about franchises?
The website businessballs.com is a very good place to start if you need to know more about franchises and business franchises. They give a good explanation of the term franchising and they describe the positive and negative sides of franchises.
What movie franchises have 6 sequels?
Many movie franchises have six sequels. The list of these franchises include Leprechaun, Star Wars, Bloodfist, Firday the Thirteenth, and Police Academy.
What are some business services franchises?
Many major businesses are franchises including restaurants like McDonalds and Pizza hut. Some hotels like Hampton inns are franchises. Supercuts, Jiffy lube and 7/11 are a few other examples for franchises.
Are all Chick-fil-A franchises closed on Sunday?
Yes, all Chick-fil-A franchises are closed on Sunday.
What were the effects of the conglomerate and franchises of the 1950's?
Corporations formed huge new conglomerates and franchises and became successful.
Where can I find information about office cleaning franchises?
You can find more information about office cleaning franchises at http://officepride.com/.
What sort of franchise might offer a cash advance?
There are many franchises that might offer one a cash advance. One would be likely to obtain a cash advance from franchises such as Payday Loan Franchises.
What popular fitness franchises offer summer packages?
There are a few popular fitness franchises offering summer packages. Some fitness franchises offering summer packages would include Fitness 1440 or Retro Fitness.
How many franchises the subway have?
Subway has over 33,749 franchises. Subway now beats McDonalds in having more franchises. Subway is the largest food chain in the world, with over 600 in the Los Angeles area alone.
How can one start up their own handyman franchise?
One can start up their own handyman franchise by searching the handyman franchise directory. There are many industries that one can explore if one is interested to start up this franchise, these include cleaning franchises, home decor franchises, maintenance franchises, repair and restoration franchises.
