Category: Franchising

McDonald's Logo, 2012

Franchising Definition – What Is It And How Does It Work?

Franchising is one of the greatest ways to start your own business and be your own boss and at the same time take advantage of an already established brand and business operations. This is why everybody should know what it means. Here I will throw some light on the matter, giving you a very simple franchising definition. We will see how it works and will go through its main advantages and disadvantages. How Does Franchising Work? An Example With “John’s Bread” Imagine that John has built a successful bakery and makes a really fine bread. For the last years, his...

Jimmy Jones Sandwiches logo and website.

How Jimmy John’s Gourmet Sandwiches Got In The Franchise Top 10 Companies

Sandwiches are one of the best and most delicious meals around. It is so easy to prepare a sandwich, that even a 3 years old can do it. Practically, this makes it possible for almost everyone to get in such a business without meeting any significant obstacles in the production process. This is a simple business that is not protected by any big barriers like know how, high initial investment, special skills or anything like that. Having this in mind, it may not sound that strange, that a sandwich company got into the top 10 franchises in America. Someone would...