How Franchising Works: An illustrated guide


September 6, 2018 Facebook Twitter LinkedIn Google+ Videos



An efficient business model blamed by some for low wages, franchising squeezes small-business owners between corporations and workers. Here’s a run-down on how it works. Part of a WBEZ/Front and Center investigation series. Full story: http://wbez.is/1e5zMGD

WBEZ – Chicago Public Media: http://www.wbez.org

——
Follow WBEZ on Twitter: http://bit.ly/VyekdH
For more videos from WBEZ: http://bit.ly/VyeZMm
Like WBEZ on Facebook: http://www.facebook.com/wbez915
Check out WBEZ on Tumblr: http://wbez.tumblr.com/

How Franchising Works: An illustrated guide

Comments
  1. Derrick Harris said on September 6, 2018 6:57 pm:

    Who's dat Blackman

  2. Wayne Blake said on September 6, 2018 7:02 pm:

    CLUMSY?

  3. A & J's Removal Services, LLC. said on September 6, 2018 7:41 pm:

    Very Interesting

  4. My Franchise Partners said on September 6, 2018 7:42 pm:

    the negative perspective in some areas demonstrates a clear lack of knowledge; the wages in franchises are similar to independent business within the same industry plus you may actually have an hierarchy to climb for enhanced career opportunities

  5. Yvonne Kiogora said on September 6, 2018 8:34 pm:

    Thank you for simplifying it

  6. John Mauldin said on September 6, 2018 9:32 pm:

    Having worked in the development of franchises of some of the most prominent companies in America, I must say the intent is commendable. The information is nonetheless inacurrate or outdated. For example, it cites that businesses that are independent fail about as often as franchised ones. NOTHING could be further from the truth! It has been proven statistics gathered beginning in the 60's that 7 out of 10 independents go out of business in the first five years whereas franchised operations have a succcess rate in the 90 percentile. The view or scope is limited. Virtually every industry in the world is franchised or it's sister, licensed. The The video cites a recurring payment to the franchisor of 5-10% when, in reality, the percentage can be all over the board and is often buried into the business activities in a way that is not reflected as a percentage of sales as this video intimates. Overall, pretty good and very informative in many ways.

  7. Nour Ali said on September 6, 2018 10:29 pm:

    Very informative video but the music was annoying

  8. Evil Morty said on September 6, 2018 10:59 pm:

    I Franchise my Business everywhere.

  9. Him South said on September 6, 2018 11:04 pm:

    When she started listing them towards the end of the video I had to like

  10. Josh Neil said on September 7, 2018 12:22 am:

    Pretty sure I heard buggers, not burgers.

  11. Golden Griffon said on September 7, 2018 1:51 am:

    Oh look, a political message masquarading as objective information.

  12. Khongbiet Khongbiet said on September 7, 2018 2:03 am:

    I have no dick

  13. Dan Atchison said on September 7, 2018 2:39 am:

    While some of the implications for workers can hold true in the fast food industry (i.e. unskilled labor), it doesn't stick for employees that have education and training related to the field. If you're a water damage technician with training you make great money ($20/hr nationwide – $42k/yr) and don't need a high school diploma. Add on additional certifications for mold damage or odor and smoke and you make much more.

  14. TotalMishap said on September 7, 2018 3:00 am:

    As soon as I realized they would be drawing throughout the video I changed it. Very annoying.

  15. oscar santaella said on September 7, 2018 3:58 am:

    These people just cheated on me. It's just a lie

  16. MarTx FinaL said on September 7, 2018 4:29 am:

    the squeaking of the pen hurts my ears

  17. Vinit Bhatt said on September 7, 2018 5:11 am:

    superb explanation

  18. Upstate Hydroponics said on September 7, 2018 5:24 am:

    you do live in america the land of capitalism… jus sayin