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A franchise is where a company (Burger King, McDonald's, KFC for example) lets private individuals start up a company using the name of the parent company. The person owns the franchise, but not the company name. The person may have to pay a fee to the parent company to use the name as well.
Owning a Franchise can be a great way for you to run a Business that gives you the benefit of an already established brand, a system and territory, as well as on going training & support from the Franchisor.
What else can I help you with?
What form of ownership does a franchise have?
Owners who have one shop that is part of a franchise chain has a partnership type of ownership and there is often a specific type of ownership designated specifically for franchise owners.
What type of ownership does McDonalds have?
Franchise
What type of ownership does Subway have?
Franchise
What kind of ownership does boots have?
franchise :)
What type of ownership is MacDonald?
Franchise.
What type of business ownership could franchise change to?
a franchise will change to a LTD
What type of ownership is MacDonalds Company?
Franchise.
What is a example of business ownership?
A hair salon franchise
What are examples of business ownership?
Examples are a hair salon franchise, a coffee shop, and a gas station.
Which is it better to buy a service franchise or a store franchise?
Before consider which is better, you have to understand the difference between service and store franchise. The difference is ownership of the company. In my point of view, service franchise is better to earn huge revenues than store franchise. You can even consult about this topic with some experienced franchise business owners.
Who owns a franchise?
A Franchise is a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area, and consists of a Franchisor, and a Franchisee, whereas the Franchiser is the company which or person who grants franchises, and the Franchisee is someone who holds a Franchise.
What is the advantages of franchise business?
`limited liabilities for owners, transferable ownership, ability to attract capital, long life
