Interesting TED lesson since even I had read in many publications that Ray Croc – the McDonalds Franchise founder with the idea to create a distribution model that had owners rather than hired corporate managed managers. Franchising is not an industry but a type of licensing to protect patents, processing, ideas and systems when a company wants to grow. There are now over 85 different business categories that use franchising to grow their business and somewhere around 8000 different businesses. Enjoy the TED session and if you have a business that you would like to discuss how you can franchise and what it would take to create that structure, contact us.
The Real Origin of the Franchise Concept
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