Many common businesses with stores or retail outlets are actually franchises of large, well - known companies.
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Question:
Many common businesses with stores or retail outlets are actually franchises of large, wellknown companies. But like the example of Hilton Worldwide Holdings, Inc., the blend of companyowned outlets and franchised stores will vary.
I want you to go online and look up two or three companies that you know or assume have a mix of companyowned outlets and franchised stores or services. Determine how many of these companies retail outlets are actually owned and operated by franchisees. If you can locate the cost of buying that franchise, include this information in your discussion response. Don't use the same companies that I used in our zoom lecture.
What did you find, and did the results surprise you?
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