The Economics Of Franchising

Author : Roger D. Blair,Francine Lafontaine
Publisher : Cambridge University Press
Page : 350 pages
File Size : 40,9 Mb
Release : 2005-04-11
Category : Business & Economics
ISBN : 9781139443364

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The Economics of Franchising by Roger D. Blair,Francine Lafontaine Pdf

This 2005 book describes in much detail both how and why franchising works. It also analyses the economic tensions that contribute to conflict in the franchisor-franchisee relationship. The treatment includes a great deal of empirical evidence on franchising, its importance in various segments of the economy, the terms of franchise contracts and what we know about how all these have evolved over time, especially in the US market. A good many myths are dispelled in the process. The economic analysis of the franchisor-franchisee relationship begins with the observation that for franchisors, franchising is a contractual alternative to vertical integration. Subsequently, the tensions that arise between a franchisor and its franchisees, who in fact are owners of independent businesses, are examined in turn. In particular the authors discuss issues related to product quality control, tying arrangements, pricing, location and territories, advertising, and termination and renewals.

Author : Anonim
Publisher : Unknown
Page : 40 pages
File Size : 48,6 Mb
Release : 1969
Category : Franchises (Retail trade)
ISBN : IND:30000104960962

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Franchising in the Economy by Anonim Pdf

Author : Josef Windsperger,Gérard Cliquet,George Hendrikse,Mika Tuunanen
Publisher : Springer Science & Business Media
Page : 358 pages
File Size : 42,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783790826623

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Economics and Management of Franchising Networks by Josef Windsperger,Gérard Cliquet,George Hendrikse,Mika Tuunanen Pdf

Franchising networks are experiencing great success in international business organization. Few books try to explain the characteristics of these networks. Contrary to the existing literature this book tackles more theoretical problems related to governance, organization, knowledge management, contract design, incentive and regulation issues both from the economic and management view point. It delivers new theoretical and empirical results regarding plural forms, contract design, and knowledge and strategic management issues. Its purpose is to offer researchers and practitioners new theoretical and empirical insights in one of the most important economic phenomenon at the beginning of the 21st century: Franchising networks as organizational arrangement for growth and internationalization of firms.

Author : Urban B Ozanne,Shelby Hunt,Urban Ozanne
Publisher : Marketing Classics Press
Page : 360 pages
File Size : 46,9 Mb
Release : 2011-04-30
Category : Business & Economics
ISBN : 9781613110652

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The Economic Effects of Franchising by Urban B Ozanne,Shelby Hunt,Urban Ozanne Pdf

The Economic Effects of Franchising is based on a report generated for United States Senate Small Business Committee in 1970 entitled, "Impact of Franchising on Small Business." This original report resulted in lengthy hearings of franchising issues and opportunities, focusing on the fast food industry. Ozanne and Hunt continued researching the focus of this work and completed their studies in 1971 to produce The Economic Effects of Franchising for Congress and the public. This work discusses, step by step, from researching the franchise and its characteristics, to signing a franchise agreement and training its employees, and the revenue generated to owning a franchise. URBAN B. OZANNE is Professor Emeritus at Florida State University in Tallahassee, Florida. Professor Ozanne wrote The Economic Effects of Franchising with Shelby D. Hunt in 1971. In 1968, Ozanne wrote the article entitled, "Adoption Research: Information Sources in the Industrial Purchasing Situation," with Gilbert A. Churchill, which was published in Marketing and the New Science of Planning by the American Marketing Association. SHELBY D. HUNT is the Jerry S. Rawls and P. W. Horn Professor of Marketing at Texas Tech University, Lubbock, Texas. He has written numerous articles on competitive theory, macromarketing, ethics, channels of distribution, philosophy of science, and marketing theory. For his contributions to theory and science in marketing, he received the 1986 Paul D. Converse Award from the American Marketing Association, the 1987 Outstanding Marketing Educator Award from the Academy of Marketing Science, the 1992 American Marketing Association/Richard D. Irwin Distinguished Marketing Educator Award, and the 2002 Society for Marketing Advances/Elsevier Science Distinguished Scholar Award.

Author : Rupert M. Barkoff,Andrew C. Selden
Publisher : American Bar Association
Page : 428 pages
File Size : 53,5 Mb
Release : 2008
Category : Business & Economics
ISBN : 1604420537

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Fundamentals of Franchising by Rupert M. Barkoff,Andrew C. Selden Pdf

Fundamentals of Franchising is charged with useful definitions, practical tips, and expert advice from experienced practitioners. Written specifically to help lawyers and non-lawyers brush up on franchise law, this practical guide examines franchise law from a wide-range of experiences and viewpoints. Each chapter is written by two experienced practitioners and provides you with a well-rounded overview of franchise law and alerts you to issues that may require further research or expertise.

Author : Gérard Cliquet,George Hendrikse,Mika Tuunanen,Josef Windsperger
Publisher : Springer Science & Business Media
Page : 465 pages
File Size : 51,6 Mb
Release : 2007-03-20
Category : Business & Economics
ISBN : 9783790817584

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Economics and Management of Networks by Gérard Cliquet,George Hendrikse,Mika Tuunanen,Josef Windsperger Pdf

Previous research on the institutional structure of franchising networks (Bri- ley et al. 1991; Lutz 1995; Shane 1998; Lafontaine and Shaw 1999, 2005; - fuso 2002; Penard et al. 2003a,b) does not explain the governance structure of the franchising firm as an institutional entity that consists of two interrelated parts: Residual decision rights and ownership rights. The latter includes not only residual income rights of franchised outlets but also residual income rights of franchisor-owned outlets. Previous studies primarily examines the incentive, signalling and screening effects of fees, royalties and other contractual pro- sions from the point of view of organizational economics (see Dnes 1996 for a review) without taking into account the interactions between residual decision and residual income rights as interrelated parts of the governance structure. This paper fills this gap in the literature. According to the property rights view, de- sion rights should be allocated according to the distribution of intangible kno- edge assets between the franchisor and franchisee and ownership rights should be assigned according to the residual decision rights. Since ownership rights are diluted in franchising networks, the dilution of residual income rights of fr- chised outlets is compensated by residual income rights of company-owned o- lets. Under a dual ownership structure, company-owned outlets compensate the disincentive effect of low royalties for the franchisor, and low royalties strengthen the investment incentives for the franchisee.

Author : Urban B. Ozanne,Shelby D. Hunt
Publisher : Unknown
Page : 364 pages
File Size : 43,5 Mb
Release : 1971
Category : Food service
ISBN : MINN:31951D034965867

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The Economic Effects of Franchising by Urban B. Ozanne,Shelby D. Hunt Pdf

Author : Stephen Spinelli,Robert Rosenberg,Sue Birley
Publisher : FT Press
Page : 266 pages
File Size : 51,5 Mb
Release : 2004
Category : Business & Economics
ISBN : 0130097179

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Franchising by Stephen Spinelli,Robert Rosenberg,Sue Birley Pdf

Hundreds of potential entrepreneurs investigate franchising every year, but this enormous business opportunity remains hugely misunderstood. Franchising: Pathway to Wealth Creation delivers that guidance, from start to finish.

Author : Peter M. Birkeland
Publisher : University of Chicago Press
Page : 564 pages
File Size : 42,6 Mb
Release : 2004-04
Category : Business & Economics
ISBN : 0226051919

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Franchising Dreams by Peter M. Birkeland Pdf

Franchises have become an ever-present feature of American life, both in our landscapes and our economics. Peter M. Birkeland worked for three years in the front-line operations of franchise units for three companies, met with CEOs and executives, and attended countless trade shows, seminars, and expositions. Through this extensive fieldwork Birkeland not only discovered what makes franchisees succeed or fail, he uncovered the difficulties in running a business according to someone else's system and values. Bearing witness to a market flooded with fierce competitors and dependent on the inscrutable whims of consumers, he revealed the numerous challenges that franchisees face in making their businesses succeed. Book jacket.

Author : Thomas C. Dandridge
Publisher : Unknown
Page : 32 pages
File Size : 40,9 Mb
Release : 1993
Category : Entrepreneurship
ISBN : UIUC:30112019070066

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Franchising and Rural Economic Development by Thomas C. Dandridge Pdf

Author : Ilan Alon
Publisher : Springer Science & Business Media
Page : 269 pages
File Size : 54,8 Mb
Release : 2006-03-14
Category : Business & Economics
ISBN : 9780387282565

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Service Franchising by Ilan Alon Pdf

Service Franchising succinctly extracts from observations about international franchising from both the scholarly and trade literature. The work adds insights gleaned through extensive research and the experiences of the author. As a result, the book advances the body of knowledge on international franchising for the academic community. In addition to being a breakthrough text for researchers in business and economics the book also contains guidance for franchisors and franchisees in their efforts to achieve success in the global marketplace. Ilan Alon has made major contributions to the understanding of franchising, both through his own research and his compiling and study of the work of other leading researchers. Alon pioneered research into the internationalization of franchising with his published studies from Asia, Europe, Latin America and other parts of the world.

Author : Elizabeth Crawford Spencer
Publisher : Edward Elgar Publishing
Page : 385 pages
File Size : 40,9 Mb
Release : 2010-01-01
Category : Business & Economics
ISBN : 9781849804981

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The Regulation of Franchising in the New Global Economy by Elizabeth Crawford Spencer Pdf

While franchising promotes economic and social welfare objectives, Elizabeth Crawford Spencer argues that monitoring and regulation are needed to address potential areas of abuse of the form that can result in costly market inefficiencies. This unique study surveys franchise-specific legislation worldwide as a starting point for a thorough examination and analysis of the role of both private and public regulation of the sector in the context of current theoretical approaches to regulating contractual relationships. The book concludes that properly calibrated regulation can minimize inefficient allocations of power and risk and lead to maximum economic and social benefits by promoting the development of small business, enabling the growth of entrepreneurial skills, and facilitating economic well-being and independence among SMEs. This comparative survey will prove to be invaluable for academics in franchising marketing, management, law and practice. The Regulation of Franchising in the New Global Economy will also appeal to franchise law practitioners, consultants, policymakers and those wishing to influence policy on all sides of the debate in the many jurisdictions that are engaging in the processes of adopting, or reviewing, franchise regulation.

Author : Patrick J. Kaufmann,Rajiv P. Dant
Publisher : Psychology Press
Page : 222 pages
File Size : 44,6 Mb
Release : 1995
Category : Business & Economics
ISBN : 1560247290

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Franchising by Patrick J. Kaufmann,Rajiv P. Dant Pdf

This book presents a range of chapters dealing with current issues of interest to franchising researchers and practitioners. From authors who have been especially active in the area of franchising research, the chapters represent contributions from the Society of Franchising, the only international special interest research group totally devoted to franchise research. The chapters reflect a balance of structural and behavioral issues relevant to franchising. They span the spectrum from technical, methodological subjects to highly applied, practitioner-oriented chapters, giving a sense of breadth to the subject matter. Franchising researchers and practitioners and marketing academicians can begin to incorporate this volume’s information on: problem of quality data on franchising-related matters territorial encroachment and the potential for cannibalization and conflict master franchising and system growth multi-unit franchising and system performance advertising fees issues linkages between franchisor-franchisee relationship quality and service quality franchising as a unique form of organizational governance setting measurement of franchise relationship quality and exchange norms franchisees’role expectations as entrepreneurs and managers competition issues concerning franchisees, company units, and independent businesses All involved in the franchising industry would do well to peruse this timely collection which explores all facets of the current state of franchising growth and distribution.

Author : Anonim
Publisher : GRIN Verlag
Page : 22 pages
File Size : 54,6 Mb
Release : 2020-09-23
Category : Business & Economics
ISBN : 9783346253125

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What Are the Main Features of Franchising? Advantages and Disadvantages of a Franchise System by Anonim Pdf

Seminar paper from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Köln RFH, language: English, abstract: The aim of this term paper is to investigate the success of the sales system "Franchising" and to explain it theoretically. In this regard the concept of franchising and its origin are explained at the beginning. Franchising is a generally and internationally accepted business system. In Germany there are more than 850 companies working with this selling system. During the last ten years the German franchise industry managed to double its sales from 22 € billion to 48 € billion in 2010. I want to give a rough survey about the topic Franchising. How this business system has developed, grown and expanded. What are the positive aspects of Franchising and what are the disadvantages of this system?

Author : Tim Mazzarol,Sophie Reboud
Publisher : Springer Nature
Page : 597 pages
File Size : 40,7 Mb
Release : 2019-11-21
Category : Business & Economics
ISBN : 9789811395093

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Small Business Management by Tim Mazzarol,Sophie Reboud Pdf

This textbook familiarises students with the theory and practice of small business management and challenges assumptions that may be held about the way small business management can or should adopt the management practices of larger firms. For students interested in establishing and managing their own small firm, this book helps them to focus their thinking on the realities of life as a small business owner-manager – both its challenges and its rewards. For postgraduate students that are keen to ‘make a difference’, this text enables them to understand how they might consult to small firms and assist owner-managers to establish and grow their ventures. In addition to students, this book is also useful to small business owner-managers as a general guide on how they might better manage their operations. Managers in large corporations and financial institutions who deal with small businesses as clients or suppliers, and professionals such as accountants, lawyers and consultants who provide advice and other services to small businesses will also find the book of interest.