article thumbnail

The Complete Guide to Franchises

AllBusiness.com

Today, franchises span dozens of industries and range from small home-based opportunities to global fast-food giants. Examples of Well-Known Franchises Here are some notable and widely recognized franchise systems across various industries: McDonald's: A global leader in fast food with a proven system and strong brand recognition.

article thumbnail

Debunking 9 Myths of Franchising

Caring Franchise

For example, a fast-food chain might cost a few million dollars. Franchisors establish standards to maintain brand consistency and integrity. When people think of franchising, they often envision fast-food chains and retail outlets. Some franchises indeed demand a high start-up cost.