There are many companies that decide to stay a single-chain store and move up the ladder of financial domination by simply controlling all of the stores and outlets that they open up. On the flip side there are also companies who decide to let their store become someone else’s by giving the public an opportunity to open up a franchise. Both of these ideas are important, but creating a franchise opportunity for interested parties is something very important that would be good for the whole company to do. Unless you allow franchises as much freedom as possible in their contracts chances are that you’ll want them to stick as close to the company’s policies and products as possible so as to not tarnish the company name!
Large companies are the ones who mainly allow others to open up franchise stores, but there are also other smaller companies that definitely should allow it. For example, small towns that have stores, restaurants, and shops that are very popular with the townsfolk there should definitely consider allowing others to open up franchises in other places. If you are a small-town store owner and would like to create a franchise opportunity for...