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A master franchise is a franchise relationship in which the owner of the franchise brand (the master franchisor) grants to another party the right to recruit new franchisees in a specific area. In exchange, the other party typically pays some price as well as agreeing to take on some or all of the responsibility to train and support new ...
The word franchise is of Anglo-French derivation—from franc, meaning 'free'—and is used both as a noun and as a (transitive) verb. [2] For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth ...
A 2014 Forbes article placed Right at Home at No. 2 on a list of “The Best Franchises in America.” [6] In March 2014 Franchise Times ranked the company as No. 27 on a list of “the smartest growing brands.” [7] An article in Black Enterprise magazine from June 2014 mentions Right at Home as one of the "Hot Franchise Opportunities". [8]
KEYWORDS: United States Mexico North America Central America California INDUSTRY KEYWORDS: The article Jamba Juice to Enter Mexico with Master Franchise Development Agreement originally appeared ...
Microfranchising is a business model that applies elements and concepts of traditional franchising to small businesses in the developing world. It refers to the systemization and replication of micro-enterprises. Microfranchising is broadly defined as small businesses that can easily be replicated by following proven marketing and operational ...
Shumai (Chinese: 燒賣; pinyin: shāomài; Cantonese Yale: sīu-máai; Pe̍h-ōe-jī: sio-māi) is a type of traditional Chinese dumpling made of ground pork.In Cantonese cuisine, it is usually served as a dim sum snack. [1]
System sales is a term used in the franchising industry. [1] System sales represents the total sales of all outlets that use a brand, or that use multiple brands owned by one franchisor. It is always higher than the franchisor's revenue. For example, say an average "Fast Eats" restaurant has annual revenue of US$1 million.
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