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In class we discussed that while Starbucks stores throughout the world are corporate owned, McDonald's offers franchise opportunities throughout the world. Although McDonalds is known

In class we discussed that while Starbucks stores throughout the world are corporate owned, McDonald's offers franchise opportunities throughout the world. Although McDonalds is known for selling hamburgers, McDonald's Corporation makes its money from franchising. In your own words, explain what rights you, as a franchisee, get when you enter into a franchising agreement with McDonalds (or other franchisors). Detail the costs that are involved in entering into a franchising agreement with McDonalds (or other franchisors) and how are these costs are paid/collected

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