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Franchising also allows for increased distribution of a product. Franchisee's money expands the business while the franchisor collects initial fees and royalties, creating a successful business for the franchisee and brand expansion for the franchisor

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Q: Why is a franchising such a fast growing form of retail organizations?
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When did franchising grow?

This field grew steadily beginning in the 1960s and was significant in the development of certain consumer-related industries, especially fast food


What are the pros and cons of franchising?

Franchises are one of the most popular forms of business in the U.S., many entrepreneurs and business owners choose franchise for many reasons including a more secure investment.Some of the pros of franchising:· Access to an already established business· Ongoing support· Buying a highly profitable businessOn the other hand, there are also some cons related to franchising:· Requires a high upfront investment· Competition, especially in the fast-food sector· Ongoing costs


What is stock velocity in retail business?

Within retail term term refers to how fast a proucts is created from its raw materials by the supplying manufacturer to thepoit in time when that product is sold through the EPOS system at the retail outlets


What is the difference between Consumer goods and retail goods?

Consumer Goods are goods being sold by manufacturer through his own sales outlets/online or through a retail store. Samsung, Sony, LG, Nokia, Lakme, Colgate, HUL, P&G etc are in the consumer goods industry. FMCG is Fast Moving Consumer Goods. Retail goods are goods being sold by a retailer that are mostly not manufactured by him. Big Bazaar, Croma, Reliance Digital, etc are in the retail industry. Amul can be considered in both retail as well as the consumer goods industry.


How do you segment the market for herbal product?

As any market segmentation, you use dicotomic features. In my mind I've segmented this market in: - medicinal and non medicinal herbs - native and exotic - direct consuption and required processmet for consumption - fast growing and slow growing - replantion requeired (is you use the roots) and non replantaion requeired - arboreal and herbal Now with these features you can combined them in the axis. Best of luck

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When did franchising grow?

This field grew steadily beginning in the 1960s and was significant in the development of certain consumer-related industries, especially fast food


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The Hispanic population in the United States is growing rapidly and is projected to continue increasing. According to the U.S. Census Bureau, from 2000 to 2020, the Hispanic population grew by 23%, outpacing the growth of the total U.S. population.


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What is the growing importance of fast food?

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How fast us twitter growing?

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Do babies suffer from growing pains?

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