11 ms·

I've never really seen the appeal of franchising. You get a packaged business, but then the franchiser has you by the balls forever. Plus what I've read suggest

by gamble 18y ago

I've never really seen the appeal of franchising. You get a packaged business, but then the franchiser has you by the balls forever. Plus what I've read suggests that most franchise owners barely eke out a profit. Car dealers are probably better off, since they have service revenue independent of the parent company, but they're still dependent on a single supplier.

briansmith 18y ago
"McDonald's exemplifies the role of small businesses in Americans' upward mobility. The company is largely a confederation of small businesses: 85 percent of its U.S. restaurants -- average annual sales, $2.2 million -- are owned by franchisees. McDonald's has made more millionaires, and especially black and Hispanic millionaires, than any other economic entity ever, anywhere." -- http://www.washingtonpost.com/wp-dyn/content/article/2007/12/26/AR2007122601485.html http://www.washingtonpost.com/wp-dyn/content/article/2007/12...