Franchises

Franchises A en immunityment is a business that is easily duplicated, in order for a franchisor be able to sell ripe to use the business and sell the product. For a franchisor, their mastery is the victor of the exemption. One of the most famous franchises in the world is McDonalds, the split food stove. It has over 35,000 stores worldwide, serving almost 64 one and only(a) thousand million customers per day. It became the popular fast food eating place we know today because of Ray Kroc who purchased the right to a low-toned hamburger chain operated by Richard and Maurice McDonald, and founded a corporation.The corporations revenues come from the rent, royalties and payments salaried by the franchisees, as well as gross revenue in company-operated restaurants. Though the franchise originally became popular for its hamburgers, it evolved to hear consumer tastes and has added salads, wraps, and smoothies. In order for a franchise to continue its success it has to meet the needs of the public, and full point popular, which is what McDonalds does. McDonalds has also increased its sales dividends for 25 consecutive years, making it one of the S&P 500 Dividend Aristocrats. Two heavy payments are made to a franchisor ,a royalty for the trade-mark and reimbursement for the training and consultatory services given to the franchisee.

These two fees may be unite in a maven management fee. A fee for disclosure is separate and is perpetually a front-end fee. A franchise can be exclusive, non-exclusive or sole and exclusive. Franchise brokers facilitate franchisors find appropriate franchisees. A good franchise should be look at some good character istics, including; a good record of profitab! ility, it is somewhat a unique concept, it is relatively easy and inexpensive to operate, and has a colossal geographic appeal. These characteristics make it possible for a franchise to deal out world wide and operateable. The franchisor is most involved in securing bulwark for their trademark, controlling the business concept and securing their know...If you want to get a full essay, order it on our website: OrderEssay.net

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