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Franchising

Franchising refers to the practice of using a successful business model of another company. For the franchisor, a franchise is a substitute to developing ‘chain stores’ to distribute goods and avoid liability and investment over a chain.

1,429 Questions

Do many hotel chains offer franchise opportunities?

There are a good number of hotel chains that offer franchise opportunities. Hilton, GrandStay and Hampton are brands that are constantly expanding their empire.

What does franchise development mean?

Franchise development means the increasing of the number of outlets that are held under the umbrella of that store name. Each one will be managed and owned by the franchisee but they pay for the goods and services and to have the company name and advertising.

Where can one find good franchise information online?

One can find plenty of franchise information on the websites of the International Franchise Association, Franchise Direct, World Franchising and Franchise Information Services.

How could one apply for a YoYo's Yogurt Cafe franchise?

One could apply for a YoYo's Yogurt Cafe franchise via the YoYo website, where one would find information, assistance and an application form about franchising.

How much does it cost to franchise a Pizza Inn?

The cost of franchising a Pizza Inn generally depends on the type of service you wish to provide; whether it be buffet or express. For a buffet the price would be around twenty five thousand dollars, and for an express the price would be around five thousand.

Where can one buy a franchise?

It is difficult to know how to answer this question without knowing what type of franchise one is wanting to open. As an example, one would contact Starbucks if one wanted to open a Starbucks franchise, but one would contact Subway if one wanted to buy a Subway franchise.

What stores offer a retail franchise opportunity to entrepreneurs?

There are several stores that are actually franchises. One can look into owning a Cartridge World, Radio Shack, a UPS store, Ace Hardware, Circle K, Edible Arrangements, GNC, Petland, Play It Again Sports, and many more.

What is first step in franchising a business?

The first step in franchising a business is identifying what areas your business can branch out into. You need to remember that you are selling opportunity to any potential franchisee.

Where can one learn on how to franchise?

There are many pages online to help a person learn how to franchise. Some of these online websites include Franchise Doc, Franchising and The Franchise King.

How many restaurants are there within the KFC franchise?

There are over 37,000 KFC restaurants all over the world. They exist in more than 120 countries worldwide. They have been featured in Fortune 500 magazine as one of the leading restaurants in the world.

Does Mark Cuban own a Goodwill Franchise?

No, Mark Cuban does not own a Goodwill franchise. However, he does own the Maverick's. The Maverick's are a popular US basketball team.

Where can you go to buy a franchise?

One that would like to buy a franchise can go online to find more information at Entrepreneur, SBA, Small Business, Forbes and Franchise Help. Some franchises are for free, while others require an initial fee.

What is meant by a franchise in terms of businesses?

A franchise business is where a local owner runs the day to day operations of their store. The store is part of a much larger chain. A good example of a franchise business would be Subway restaurants.

Why is franchise tax so important?

Franchise tax is important because it determines how much is paid in total over the year for the property value and assets. It is important to not overpay liabilities.

How much money does it cost for an internet franchise?

The amount of money needed to run an internet franchise varies from franchise to franchise. But the average price range for an internet franchise is between $10,000 to $100,000.

How much does it cost to purchase franchise rights from Planet Fitness Gym?

To open a Planet Fitness gym franchise the starting cost is $250,00 USD. With all other fees associated with opening a business, the average price ranges between 400,00 and one million dollars.

What does the term franchise actually mean?

A franchise refers to a business model which is bought by someone who wants to use this idea rather than an original idea. For example buying a McDonald's franchise would allow you to set up a restaurant in this name and sell it's products as opposed to coming up with an original concept for a restaurant.

What are some good franchise opportunities?

Depending on personal interests there are a number of franchise opportunities available. Some of the most popular are Papa Johns, Dream Doors, Ovenclean, Muffin Break, The Original Poster Company, Belvoir and Plan Ahead Events. The best idea would be to look at what the local area is lacking and find a franchise to suit that niche.

Is anthropolgie a franchise?

Anthropologie is not a franchise. It is a brand owned by Urban Outfitters, Inc., and operates as a chain of retail stores selling clothing, accessories, home goods, and beauty products.

What were the features of Universal Adult Franchise?

Universal Adult Franchise refers to the right of all adult citizens to vote in elections, regardless of gender, race, religion, or socioeconomic status. Key features include the elimination of property or income qualifications, ensuring equal voting rights for all adults typically at or above the age of 18. It promotes political inclusivity and representation, allowing diverse voices to participate in the democratic process. Additionally, it upholds the principle of one person, one vote, reinforcing the idea of equality in political participation.

How much does a 7-11 franchise cost?

You can obtain this information by visiting the franchisor's headquarters and/or web site.