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Franchise History

 

Franchise History

The history of franchising could be traced back to the beer industry where
many brewers allowed certain pubs to obtain leaseholds and sell their beer.
Indeed this practice is very common today, especially in the United Kingdom
where companies such as Punch Taverns offer an opportunity to would be
franchise owners who pay a lease on the property and work closely with the
owners at a local and national level.

In the early 1950's franchising suddenly started to increase in popularity and the principles have remained the same throughout the years as the parent company have executive decision over most marketing and trademark issues but the franchise owner enjoys the luxury of being able to piggy back on the success of national chains such as Pizza Hut or Blockbuster.

Modern franchise history is also linked to small work from home business
such as Avon, Ann Summers and other party plan based franchises that allow
many business minded people the opportunity to start up a low risk franchise
and learn tips and techniques that may help when moving onto bigger
franchise opportunities.

Many years ago starting a franchise could be a lonely experience but with
the birth of the internet you now have access to franchise success stories,
franchise case studies and even franchise forums where franchise owners share
their success and also highlight franchise opportunities that don't deliver
on their promises. Recent history suggests that owning a franchise has even
become a good status symbol and many companies now actively recruit on the
basis of assessment centre tests and other criteria.

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Webmasters feel free to reprint this article providing you leave the resource box below..

Kevin McNally
http://www.qwfranchise.com
Quality World Franchise

About the Author

Kevin McNally
http://www.qwfranchise.com
Quality World Franchise

Links to online franchise information and resources

Written by: Kevin McNally

 

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This is a third party franchise article - we make no claims or guarantees regarding the accuracy of the information presented
It is provided "as is" for informational purposes only and does not constitute an endorsement by Lee Myles