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FRANCHISES
FRANCHISES
A franchise is a contractual agreement
to sell a company’s products or services
in a specific geographic area
EXAMPLES?
Advantages
Advantages
Franchisee can rely on good name and
expertise of the parent company
Franchisee can get needed guidance in
oper...
Disadvantages
Disadvantages
Some franchisors are strict about how the
business is run
Franchise is limited in what products or
services ...
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Franchises

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Transcript of "Franchises"

  1. 1. FRANCHISES
  2. 2. FRANCHISES A franchise is a contractual agreement to sell a company’s products or services in a specific geographic area
  3. 3. EXAMPLES?
  4. 4. Advantages
  5. 5. Advantages Franchisee can rely on good name and expertise of the parent company Franchisee can get needed guidance in operating the business from franchisor
  6. 6. Disadvantages
  7. 7. Disadvantages Some franchisors are strict about how the business is run Franchise is limited in what products or services can be sold Franchise must operate like every other franchise Royalty fees
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