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What Are the Benefits of Being a Franchisor?

There are many benefits to being a franchisor, such as an established reputation, branding assets, and customer base.  Running and owning a franchise business is highly unique for a number of reasons.  Franchising provides opportunities and resources that have a competitive advantage over independent businesses, especially when first launching.  There are many benefits of being a franchisor, which we will be covering today.  Franchise Reputation  It has been […]

What Are the Advantages of Being a Franchisee?

Thinking of becoming a franchisee? Read this article to learn of the many ways in which you stand to benefit from this type of business agreement!

What is a Master Franchise?

Being a master franchise means that the brand owner has  granted you the right to run all the franchise’s operations within your jurisdiction. This is a very common practice among big brands, such as McDonald’s and Dairy Queen, which have so many locations that it would be inefficient for their corporate headquarters to oversee them all. By designating another entity as master franchise, they pass on the task of managing individual locations as well as that of opening up new ones.