What is a franchise? e.g. mcdonalds and Starbucks don’t own all their stores, some are franchises?!

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What is a franchise? e.g. mcdonalds and Starbucks don’t own all their stores, some are franchises?!

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Anonymous 0 Comments

McDonalds technically owns nearly all the real estate that franchise owners operate from. The franchisee pays rent to corporate McDonald’s plus a percentage of sales as a royalty and to pay for national advertising.

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