The Best Business Podcast With Daryl Urbanski

In A Business Franchise, Who Develops The Product And Business Systems? | Business Operation System   See 1 of 100 New Videos on this topic & more. In fact, our research specifically proves 8 Critical Success Factors for small & medium-sized businesses. Visit www.BestBusinessCoach.ca for more info. Or https://www.members.bestbusinesscoach.ca/success-research/ for more on the research behind it.  Transcript: The way I understand it, in a franchise, there is a model location. An example store. It's where they developed checklists for everything. Delivering consistent service. The marketing strategy, etc. A franchise then sells the rights to operators in different locations. And copy/pastes their details onto the materials. The idea is the marketing headquarters serves as a model. All the testing gets done there. They figure it all out. Everyone chips into a single marketing budget. By paying the franchise fees. Delegating the marketing to HQ. McDonald's, for example, is good at making things