Franchises.

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Presentation transcript:

Franchises

Franchise- - -A form of business in which a company sells the rights to use its name and sell its products. Example: McDonald’s Subway

How the Franchiser Makes Money by Selling to the Franchisee Franchisee pays a flat fee to the company. 2. Franchisee must pay a portion of future profits to company.

What the Franchiser Does for the Franchisee Help find a location. Help train employees Help build and set up business.

Advantages of Franchising Name Recognition Proven way of doing business. 3. Free Advertising

Disadvantages of Franchising Loss of Control - - give up freedom to run the business your way. 2.Legal Issues - -one side may fail to hold up his end of the deal.