Business Format Franchise

This term
A business format franchise provides a complete system for operating the business, not just a product or service.

A business format franchise is a type of franchise in which the franchisor provides the franchisee with a comprehensive system for operating the business. This includes branding, marketing, training, operational procedures, customer service standards, and ongoing support. It contrasts with a product distribution franchise, which focuses primarily on the sale of a product. Most modern franchises follow the business format model, providing entrepreneurs with a ready-made, proven business system that increases their chance of success.

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Joe Bailey

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