what is the difference of franchisee-owned and company-owned? can you give me some real examples of each one? starbucks is franchisee as well or not?
2007-03-23 18:17:08 · 2 answers · asked by Neha 1 in Business & Finance ➔ Other - Business & Finance
A company owned location is owned by that company. It may have taken over for a failing franchisee, not yet sold to a franchisee, or never intended to be sold to anyone else. Those locations must adhere to all company policies. A franchisee owned location is an independent business owner that pays for the right to use the name and business model of a sucessful business. They can, within limits, decide which policies they want to use and which ones they don't.
A real life example is 7-Eleven. Most stores are franchised. The owner of that store must follow some rules, but do not have to use 7-Eleven's recommended prices and products. Company owned locations always follow the recommended prices and products.
I don't think Starbucks is franchised, but I could be wrong on that.
2007-03-23 18:26:45 · answer #1 · answered by Brian G 6 · 0⤊ 0⤋
Walmart--company owned, has a manager and workers.
Sonic--Franchise, has a manager, workers and an owner that lives near by as well as it's part of a company.
You pay so much to "start up" a location of a business and it's a franchise because you own part of it.
2007-03-24 01:26:08 · answer #2 · answered by Brandi H 2 · 0⤊ 0⤋