The concept of franchisingas a distribution model has been around since the nineteenth century. In the 1940’s, McDonald’s was the first company to pioneer the distribution model.
Franchising is still an option to own and operate a business
McDonalds is one example of 6,000 franchise concepts offered in the United States.
Karl Dakin: In this recession, one of the long-standing approaches to becoming a business owner is to buy a franchise. The topic of franchising was presented on Monday night at the Startup Junkie program of the DaVinci Institute. With over 6,000 franchise concepts within 40 industries currently being sold in the United States, it is quite possible for an individual to find a business that matches their passion and their pocketbook.
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