The fast-food large has more than 35,000 places around the globe, with the overwhelming majority — greater than 90% — owned by franchisees. McDonald’s also owns much of the actual property on which its franchise restaurants are constructed, permitting the company to gather rent from franchisees. When a series – which is defined by two or more retail shops having the same possession and services or products – is corporate-owned, the mother or father company is solely responsible for all stores’ business-related actions. From picking retail places to hiring staff to operations to tax planning, they deal with it all.
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The clothes market is notoriously troublesome to conquer, which is why opting for the franchise model can be so interesting. I am the founder and Managing Director of MSA Worldwide (“MSA”), a provider of domestic and worldwide franchise advisory companies. QSR giants such as KFC and Popeyes have dozens of places within the Arabian Gulf region, as does Texas Chicken, the international version of Church’s Chicken.