Franchising is a business that is separate and distinct from the concept that resides at the core of a restaurant company. At the heart of a successful franchise business is the desire to work toward the mutual success of both franchisee and franchisor. After all, the income generated by an initial franchise fee is a one-time, relatively modest amount when contrasted against the royalty paid over the lifetime of a franchise agreement. In the long run a franchise operation cannot be effective ...

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