Franchises are a method of business expansion, in which they are made available to a market in which anyone who is interested can acquire it, to exploit it in a specific area .
This business model proposes that the person who sells it gives the franchisee all the necessary information to make a true copy of the parent business.
All this with the intention of copying its operation, products or services. The benefit of the franchisor will be the economic remuneration that he will receive for the sale of his idea and commercial structure. Likewise, royalties will be obtained that will be designated according to mutual agreements.
Franchise Examples
Taking into account that this is a marketing methodology , there is a wide range of franchises of all kinds. This practice extends to an endless number of items or work areas, such as fast food, messaging and services. Below is a list of chains from different branches that work worldwide.
1. KFC
“Kentucky fried chicken” is a successful fast food chain that sells fried chicken. This company was born in the state of Kentucky, located in the United States. It is currently in more than 109 countries with some 17,000 restaurants globally.
This success story has been very popular over time, since perseverance is presented as the main actor in the success of the project. KFC is characterized by the quality and flavor of its fried chicken, as well as the rest of the products offered on its menu.
2.Marriott International
The North American franchise is dedicated to accommodation, representing one of the largest and millionaire hotel emporiums in the world. This chain has more than 27 brands, which provide a wide variety and styles of lodgings worldwide.
Marriott is a leading company in different categories, for its luxury, comfort and service. In addition, it has facilities in an endless number of destinations on the 5 continents.
3. Tim Hortons
It stands out in the area of food and beverages, bringing coffee and freshly baked donuts to the consumer. This company is one of the largest chains in Canada, since it is said that 80% of Canadians visit one of its stores at least once a month.
Tim Hortons has managed to expand throughout the world, although it is appropriate to mention that most of its restaurants are located in North America.
4. RE/MAX
The company has its origins in the state of Colorado, located in the United States, and stands out in providing real estate services. Its main function is to provide agents with constant training and managerial support in all transactions to be carried out.
RE/MAX has positioned itself in the market as a reflection of security and confidence for its users. This company has around 9,000 offices globally, specifically in 109 countries.
5. Mail Boxes Etc
Dedicated to the transport of packages and messaging, it offers users a fast and efficient solution when sending a package. Among its services is also the provision of lockers for online purchases, shipment tracking, among others.
It was founded in San Diego, California, United States. With more than 30 years of experience in the market, it continues to connect people nationally and internationally with its different brands. These include DHL, FedEx and MRW. This company represents security and guarantee for users.
6. + Q Outlet
As previously mentioned, this business design is not specific to a single category. For example, +Q Outlet, is dedicated to the commercialization of clothing, imposing textile and fashion trends throughout the world with its prestigious brands.
Among the firms, Ralph Lauren, Jack & Jones, Tommy Hilfiger and Desigual stand out, these being the favorites of many thanks to the comfort they provide and the majestic designs.
7. ALOHA MENTAL ARITHMETIC
This company has its origins in Malaysia, with a stay in the market of more than 25 years. ALOHA focuses on providing valuable tools for children’s mental agility, since its methodology consists in allowing them to do arithmetic calculations quickly and mentally.
Its educational centers are scattered around the world, in cities such as Guayaquil, New York, Sydney and Madrid. They are covering more than 30 countries at present.
8. Muffler Installation Dealers Associated Service
The raison d’être of this company is to provide users with a fast and efficient option to repair their car. This company was born in the United States in 1956. Midas, as it is also known, currently has more than 2,500 centers around the world.
Their flag is the speed with which they provide solutions to customer requirements, even without prior notice. In addition, they use a team of trained mechanics with extensive experience in the area.
9. Bavarian Motor Works
Popularly known as BMW, this company works in the automotive area, being pioneers in innovation. The company places high-end cars at the hands of users, manufactured with the highest quality standards.
Its origins date back to 1916 in Munich, Germany. BMW is characterized by being at the forefront of the automotive market, offering proposals such as electric cars, autonomous driving and many more attractions.
10. Starbucks Coffe Company
It is known as one of the most famous franchises in the branch of food and beverages. Starbucks sells coffee beans, as well as ready-to-eat coffees in each of its stores, with a wide range of desserts, teas, hot and cold drinks.
His work methodology involves a selection of coffee in high quality beans, roasted, ground and served in a dedicated manner. It has more than 15,000 stores deployed in fifty countries. Its products are backed by quality and service.
