On the contrary, it dates back to

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the Middle Age and ancient China, when landowners allowed peasants and serfs to do business on their property – such as hunting or selling products at fairs – as long as they paid a kind of tax or commission on business done in their territories. The modern business model franchise is supposed to have started with Benjamin Franklin when he made an agreement with Thomas Whitmarsh to provide printing services in Charlestown, South Carolina, in the year 1731.


More than a century later, Isaac M. Singer would again use the uae whatsapp fan franchise business model to distribute his Singer sewing machines. But the model would only become popular after another hundred years, with the appearance of McDonald’s. Nowadays, there are thousands of od franchises all over the world. Types of franchise business model There are two types of franchise business models. They are: Product distribution franchise In this model, the franchisor is also the manufacturer of the product, which will be sold by the franchisee.


It is similar to a supplier-dealer system, however, with the difference that the franchisee must sell that brand exclusively, and cannot resell others simultaneously. For example, John Deere and Ford Motors. Business Format Franchise This is the most recurring business model franchise. In addition to using the franchisor’s trade name and brand, the franchisee has access to marketing and sales strategies, distribution and operations systems, as well as training and support. Some examples include Dunkin Donuts and McDonald’s.