Five Food Franchising Concepts for Pinoy-Video
People always need to eat and the food business is ideally suited to franchising. There’s a huge range of opportunities from mobile food and coffee franchises through fast food outlets, café franchises and restaurants.
Franchising is the practice of the right to use a firm’s business model and brand for a prescribed period of time. The word “franchise” is of Anglo-French derivation—from franc, meaning free – For the franchisor, the franchise is an alternative to building “chain stores” to distribute goods that avoid the investments and liability of a chain. The franchisor’s success depends on the success of the franchisees. The franchisee is said to have a greater incentive than a direct employee because they have a direct stake in the business.
Here are the Five Food Franchising Concepts
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