Franchises

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  • Created by: skyblue97
  • Created on: 22-04-14 16:49

FRANCHISES

FRANCHISE - the legal right to use the name and logo of an existing firm and sell the same products.

FRANCHISOR - the company that owns the franchise.

FRANCHISEE - a business using the name and ideas of the Franchisor

E.G.

  • Mcdonalds
  • Shakeaway
  • Dominos
  • Subway
  • Asda
  • Walmart
  • Starbucks 
  • AA

Opportunities

  • Make money
  • Setting up a business that has a reputation - tried and tested
  • Being your own boss

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