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What is a Franchise?

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Introduction

What is a Franchise? A franchise is an agreement or license between two parties which gives a person or group of people (the franchisee) the rights to market a product or service using the trademark of another business (the franchisor). The franchisee has the rights to market the product or service using the operating methods of the franchisor. The franchisee has the obligation to pay the franchisor certain fees and royalties in exchange for these rights. The franchisor has the obligation to provide these rights and generally support the franchisee. ...read more.

Middle

What franchising is not about is being ask to pay a fee to a franchise company to become a regional representative for a new and unproven product or service: that is called 'easy pickings' and 'profiteering'. When you buy a franchise, you will be given everything that is needed to keep the business running successfully. This will include training, customer leads, research information, equipment, suppliers and marketing tools. In addition, you will have the license to use the business name and any other patents, brandings and trademarks that the business has used. ...read more.

Conclusion

Mcdonalds Franchise McDonald's has always been a franchising company and has relied on its franchisees, our Owner/Operators, to play a major role in the System's success. McDonald's remains committed to franchising as a predominant way of doing business. * We are actively seeking highly qualified business people to join our System as Owner/Operators * Owning a McDonald's restaurant is a tremendous opportunity. We are seeking individuals with significant business experience who have successfully owned or managed multiple business units or have lead multiple departments and who have significant financial resources. * We are a family of over 2400 Owner/Operators passionate about satisfying our customers, growing our business, making money and having fun. ...read more.

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