it a presentation of the type of retail business known as franchising. is has discription about the members and process of franchising. also it explains the different types of franchise like starbucks , KFC, dominos etc.
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Franchising
1.
2. Retail is the process of selling
consumer goods or services
to customers through multiple
channels of distribution to
earn a profit. Retailers satisfy
demand identified through a
supply chain. The term "retailer" is
typically applied where
a service provider fills the small
6. Franchises offer the independence of small
business ownership supported by the
benefits of a big business network.
You don't necessarily need business
experience to run a franchise. Franchisors
usually provide the training you need to
operate their business model.
Franchises have a higher rate of success
than start-up businesses.
You may find it easier to secure finance
for a franchise. It may cost less to buy a
franchise than start your own business of
the same type.
9. It starts with copying/replicating
a successful business model
across different locations of the
world.
The franchisor grants access to
the business plan,goodwill & name
of his business.
In return the franchisee gets a
ready to go,well established
business plan giving a part of his
10.
11. The sole purpose of franchising lies in the fact
that the franchisor gets different platforms
as
well as representatives to expand and maintain
his business plan at different locations