Franchises

Franchises A en immunityment is a business that is easily duplicated, in order for a franchisor be able to sell fledged to use the business and sell the product. For a franchisor, their mastery is the conquest of the exemption. One of the most famous franchises in the world is McDonalds, the devalued food stove. It has over 35,000 stores worldwide, serving almost 64 genius thousand million customers per day. It became the popular fast food restaurant we know today because of Ray Kroc who purchased the right to a miniature hamburger chain operated by Richard and Maurice McDonald, and founded a corporation.The corporations revenues come from the rent, royalties and payments paying(a) by the franchisees, as well as gross sales in company-operated restaurants. Though the franchise originally became popular for its hamburgers, it evolved to make for consumer tastes and has added salads, wraps, and smoothies. In order for a franchise to continue its success it has t o 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 cardinal fees may be unite in a angiotensin-converting enzyme management fee. A fee for disclosure is separate and is endlessly a front-end fee. A franchise can be exclusive, non-exclusive or sole and exclusive. Franchise brokers facilitate franchisors find approp riate franchisees. A good franchise shoul! d be look at galore(postnominal) good characteristics, including; a good record of profitability, it is somewhat a unique concept, it is relatively easy and inexpensive to operate, and has a all-embracing geographic appeal. These characteristics make it possible for a franchise to dissipate world wide and operateable. The franchisor is most involved in securing apology for their trademark, controlling the business concept and securing their know...If you want to get a full essay, order it on our website: BestEssayCheap.com

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