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Franchise

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Franchise
My franchise which I chose was Mc Donald’s they sell food to people, they are based in many parts of the country. Franchise is when you use buy the name and products of a large and effective company. The size of this business is large because it has over 250 employees. It is also international according to scale because it is based in many countries like Pakistan, England, France, America and many more. A franchisee is a business or person who has the right to trade as a franchise no one else has the right. A franchisor is a business that is very success full and that can give the right of franchise to other new businesses to use their label. However some of the profit must be given to the franchisor. The owner of this business is the franchisor. There are some of advantages like one of them which are that the owner does not have the freewill to make all of the judgements most of the time judgements related to the products and prices. Problems can be discussed with the franchisor.so my franchise is mc Donald’s and they allow people to buy their name and open a business. They are not buying the company they are buying the name. The person must share the profit with the franchisor. An advantage for this person is that everything he needs go to do with the business will be given to him by the franchisor. So if a person opens a mc Donald’s through franchise and he needs a supply of oil and ingredients he can ask and it will be given to him by the franchisor. One thing the person can’t do is he can’t make his own food or use his ingredients to make something new; everything made and sold must be the same as the original Mc

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