③ Family Owned Company
In-N-Out Burger is a private, family-run, non-franchised company. Rich Snyder maintained his family's opposition to franchising. While McDonald's, which began the same year as In-N-Out, decided to franchise in 1954, the Snyders, though inundated with franchise inquiries, remained firm. They thought franchising would cause them to lose control of In-N-Out Burger an
control quality of production and factory.
Next is personal management and leadership style
First, personal management.
All employees in UNIQLO are hired by store management.
after they are trained by FRMIC(fast retailing management innovation
Center)
And UNIQLO have unique HR system.
Able Store managers are promoted to super, superstar manager.
Franchise Chain owner
franchised business must ensure that bills due (accounts receivable) are collected in a timely manner
☺ The franchise owner may develop policies and practices
☺ Another way to significantly reduce working capital requirements
☺ The franchisee can take a number of actions to enhance inventory control to minimize the risk of losing sales
☺ The franchisor will o
Franchise Bakery
Franchise means to sell licences for people to trade using a brand name instead of paying a royalty. Then, the franchise bakery can use the brand of franchiser under license and get a right to run a business. It also could get some special supports or controls from the franchiser. There are lots of bakery brand such as Tousles jours, Paris baguette in Korea.
(3) In-store b
franchising strategy for overseas expansion.
As of 2008, The Coffee Bean has opened approximately 750 cafés in 22 nations. Specifically, it has 288 cafés under direct control while 444 cafés are being operated by franchisees . (Refer to Table. 3)
When a company makes a licensing contract with licensor, it is able to use licensor’s patent, know-how, trade mark and technol