The Difference Between A Master Franchises And A Normal Franchisee
Especially In Franchise Business: Have you ever think of a master franchisee? If you are thinking of a master franchisee for your business, it means you are surely thinking to expand your business internationally. If you want to expand your business overseas and you don’t have resources for that. In this case, master franchising concept is just a right choice for you. Master franchising is a way to add the business entity of some other location to your list to help you expand your business in some other territory. By reading this, you must be thinking what is the difference between a master franchise and a normal franchise arrangement? What Is A Master Franchisee? A master franchisee is more like a sub-franchisor who bear all responsibilities for a designated geographical territory. It is best to say that a master franchisee is like a franchisor for the franchisees. A master franchise defined by The Franchising Code of Conduct is a franchise arrangement in which the fran...