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emerging growth company | Franchise Business model | Franchise
In several recent blog articles, I explained the distinctive advantages of the franchise business model. Entrepreneurs who have developed a localized, replicable business model should understand the option to franchise their business—especially because franchising has moved well beyond its traditional footprint in fast food, car repair etc. into a broader range of service businesses.
Traditional Companies | Franchises
In the second part of this article, I discussed some basic similarities and differences between franchises and traditional companies.
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Traditional Companies | Franchises
In the first part of this article, I explained that franchising allows franchisee entrepreneurs to invest in an existing business model. It leverages a franchisor’s business model and brand and the franchisee’s drive to own their own business. While very different from the traditional corporate model, the franchise model offers lessons that companies of all kinds can benefit from.
