Posts Tagged ‘franchise model’

Beyond the Franchise

Wednesday, September 8th, 2010

The majority of people reading this are probably familiar with franchises, but here is a very short overview. A franchise allows someone to start up a business that has all the tough branding and central organization done for you. For example, if I wanted to start a sub shop, I could start from scratch and start a sub shop. Or I could franchise a Subway.

The difference is, people already know what Subways is. They know what there favorite sub there is, what it will look like inside, and the general experience. All that is figured out for you, and it takes care of all the work and risk that is associated with starting up a business from scratch.