What type of franchise is it?

Question
What type of franchise is it?
Notes
There are 2 types of franchise, 'product franchise' and 'package franchises'. 'Product franchises' exist mainly to distribute the parent company's goods. An example is gas stations. With this model you will have alot of control over how the franchise is run. Whereas 'package franchises' generally come complete with a business model laid out by the parent company that you must stick to i.e. fast-food restaurants. This model includes everything from financial controls to hiring guidelines.
Comments
Be the first to submit a comment!
Please login or register to add a comment here.
Rate this Question
Tell everybody how helpful this question
was by clicking on the stars below.
         
Current Score
(0 votes)
Posted By
Submitted
2009-01-19
Questions for Business > Franchise > Buying a Franchise > What type of franchise is it?
Bookmark and Share © 2009 WhatDoIAsk.com | About WhatDoIAsk | Register | Policies | Links | Contact Us