Short definition of a franchiseQuestion What is the shortest definition of a franchise?
Answer A business franchise is any model which has proven systems developed and in place, so that it can be cloned to allow the model to operate successfully in a several locations under a variety of managers and owners.
Brain Trust contributor:
Principal, the Bibby Group; franchise consultant and entrepreneurship counselor
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
AskJim ID: 998
|





