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Topic: Business
Number of pages / Number of words: 35 / 9796
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(Allbusiness, n.d., ¶3)

Franchising extends beyond the right to use a well-branded business name and sell a franchisor's services or products. There are three main types of franchising: (Allbusiness, n.d., ¶4)

? Product/trade name franchising: A franchisor owns the right to the name or trademark and sells that right to a franchisee...


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(Allbusiness, n.d., ¶5)

? Business format franchising: Franchisors provide a full range of services, including site selection, training, product supply, marketing plans, and even assistance in obtaining financing. (Allbusiness, n.d., ¶6)

? Distributorships: A parent company grants the right to a franchisee to sell their products...


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