date:Jul 02, 2014
ros Cons Of Fully Franchised Business Model
Burger King re-franchised almost all of its company-operated restaurants during 2013, bringing its business model to nearly 99% franchised and by the end of 2013, the company was left with only 52 company-operated restaurants. The advantage of the franchised model is that the company does not have to incur operating costs and can enjoy the royalties paid by the franchises. The margins for this type of model are very high, but it comes with number of