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A variety of terms have been used to describe the techniques in franchising
known and described below as area development, subfranchising, area representation,
and franchise brokerage. The most common of these terms are “multiple-unit
franchising,” “multiple franchising,” “multi-tier franchising,” and “master franchising.”
Close analysis of these terms indicates that perhaps the term “multiple-unit franchising”
is the most appropriate to describe […]

Lower Risks. Most business experts agree that a franchise operation has a lower risk of failure than an independent business. The statistics on this vary depending on the definition of failure. Yet, whatever statistics are used, they consistently suggest that a franchise is more likely to succeed than are independent businesses.
Established product or service. A […]


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