Record Details

An Overview of Franchising In The Hospitality Industry

Binus Business Review

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Field Value
 
Title An Overview of Franchising In The Hospitality Industry
 
Creator Pranoto, Ersan Suria; Universitas Bina Nusantara
 
Subject
franchise, franchising, hospitality, retail, entrepreneur

 
Description Nowadays, franchising is the most significant part in the hospitality industry through hotels and fast food restaurant. Franchisor gives the right to the franchisee to sell their product and service also to sub franchise it and worked under their brand name. Furthermore, in franchising there must be a contract between the franchisor and the franchisee which include the term and condition. Franchises include some aspects such as, screening, site selection, operating manuals and the pre opening. However, there are some advantages and disadvantages for both the franchisor and the franchisee. The expansion of franchise can be achieved through different strategies of distribution and the knowledge of the targeted market. The future of franchise can be gained through strategies of distribution system, which could emerge the entrepreneur into the majority economy and business. 
 
Publisher Bina Nusantara University
 
Contributor Fakultas Ekonomi dan Bisnis
 
Date 2010-05-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://journal.binus.ac.id/index.php/BBR/article/view/1062
10.21512/bbr.v1i1.1062
 
Source Binus Business Review; Vol 1, No 1 (2010): Binus Business Review; 133-138
2476-9053
2087-1228
 
Language eng
 
Relation http://journal.binus.ac.id/index.php/BBR/article/view/1062/928
 
Coverage


 
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