APT Initiatives
APT Business & Economics Resources
Minimising Workloads, Maximising Performance
Established in 1999

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Franchise

Where the owner of an already established business grants the right to someone else to sell its tried and tested product(s) or service(s), and use its name, logos and trading methods, often within a specified geographical area. It is a good option for people who would like to run their own business but would prefer the security of an established concept, as well as on-going support and advice. Examples of franchises include: McDonalds, Pizza Hut, KFC, M & S, Benetton, The Body Shop, Coffee Republic, Prontaprint and EasyInternet CafŽ.

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