May 1, 2024
Updated May 31, 2025
31 minute read
Franchising: A Comprehensive Guide to a Popular Business Model
Franchising is a business model where one party (the franchisor) grants another party (the franchisee) the rights to use its business name, trademarks, and operating system in exchange for a fee and ongoing royalties. It's a popular method for individuals to own and operate a business with the support of an established brand and proven system. This model allows franchisors to expand their brand presence and market share more rapidly than through corporate-owned expansion, while franchisees benefit from a turnkey business opportunity with a lower risk profile than starting an independent venture from scratch.
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Find a path to becoming a Franchising. Learn more at:
OpenCourser.com/topic/p9ypd0/franchisin
Reading list
We've selected six books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Franchising.
Covers a wide range of franchising topics, such as legal and ethical issues, marketing and advertising, and strategic planning.
This comprehensive guide to franchising covers everything from the basics to advanced topics such as international franchising and e-franchising.
This practical guide provides a step-by-step roadmap for franchising a business.
This beginner-friendly book provides an overview of franchising and helps readers decide if it's the right business model for them.
Provides a practical guide to the franchising process, from developing a franchise concept to marketing and selling franchises.
Focuses on the specific challenges and opportunities of international franchising.
For more information about how these books relate to this course, visit:
OpenCourser.com/topic/p9ypd0/franchisin