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AH020387 Posted 16 years ago
Vocabulary
Franchise
What does franchise mean when someone says for example McDonlad's is a franchise?
Top answer
McDonalds is a corporation that expands by selling the right to open a store with the McDonalds' branding, products, etc. Someone who wants to open a McDonalds' restaurant purchases a franchise from the corporation to have the right to do so. That store's employees will be trained according to the company training curriculum, and some will even go to what is called Hamburger University and be trained by the company itself.
- McDonalds is a corporation that expands by selling the right to open a store with the McDonalds' branding, products, etc.
- Someone who wants to open a McDonalds' restaurant purchases a franchise from the corporation to have the right to do so.
- That store's employees will be trained according to the company training curriculum, and some will even go to what is called Hamburger University and be trained by the company itself.
- The franchise holder then has the right to have the store carry the "Golden Arches," and to sell all the McDonald's products, which are cooked and packaged according to the company's proocols.
- So, McDonalds is a corporation that sells francises for local stores, which are McDonalds' francises.
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1 Answers
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McDonalds is a corporation that expands by selling the right to open a store with the McDonalds' branding, products, etc. Someone who wants to open a McDonalds' restaurant purchases a franchise from the corporation to have the right to do so. That store's employees will be trained according to the company training curriculum, and some will even go to what is called Hamburger University and be t
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