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Daily Poll 998: What Do You Think of Franchising?
If you’re going to build a brick and mortar empire there are two ways to go about it. One is to build and own all the store yourself and the other is to franchise. Franchising is where a corporation sells the right to found a new location of their established business and in exchange for a fee which are both lump sum and monthly in most cases. This allows the business to expand its brand without taking on the liability of owning and operating every location. McDonald’s is where it’s at today because of franchising and many restaurant chains along with other business are only so big due to franchising. What do you think? Don’t forget to vote on the poll and to comment below!
https://strawpoll.com/NMnQNNJPAg6
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