New Profile Features Added By LinkedIn To Cover Career Gaps
Cord Digital best advertising agency provides the latest news of digital marketing about New Profile Features Added By LinkedIn To Cover Career Gaps
More
Franchising is a business model in which many different owners share a single brand name. A parent company allows entrepreneurs to use the company's strategies and trademarks; in exchange, the franchisee pays an initial fee and royalties based on revenues. The parent company also supports the franchisee, including advertising and training, as part of the franchising agreement.
Read more about The best free FTP Clients
Franchising is a faster, cheaper form of expansion than adding company-owned stores because it costs the parent company much less when new stores are owned and operated by a third party. On the flip side, the potential for revenue growth is more limited because the parent company will only earn a percentage of the earnings from each new store. 70 different industries use the franchising business model, and according to the International Franchising Association the sector earns more than $1.5 trillion in revenues each year
Read more about The best digital marketing company in Egypt
source: Franchise concept