Q:

Is Walmart a franchise?

A:

Quick Answer

Walmart is not a franchise organization. All of the stores are owned and operated by the parent company.

Know More

Full Answer

Franchise organizations allow investors and entrepreneurs to open a store using their brand and processes. It provides an opportunity to gain equity in a brand and secure a share in a business that could already have momentum in the market. Often times, this is more appealing for business people as it requires less work to open a franchise than their own company. A new company would require significant investment in order for it to get up and running, and the return may take a long time to realize.

Learn more about Corporations

Related Questions

  • Q:

    How is a franchise formed?

    A:

    Forming a franchise involves developing a business system, creating an operations manual, drafting a franchise agreement and making a marketing plan. The goals are to make the new location independent and to train the franchisee to run it on his own. Creating a franchise takes time, money and legal support.

    Full Answer >
    Filed Under:
  • Q:

    What is the average income of a Subway franchise?

    A:

    According to Forbes, the average revenue of a Subway franchise in 2013 was $481,000, as cited by an industry study. A Subway franchise makes less than other fast food restaurants, such as McDonald's at $2.6 million and Chick-Fil-A at $3.1 million.

    Full Answer >
    Filed Under:
  • Q:

    How much money does a McDonald's franchise make?

    A:

    According to Forbes, McDonald's 12,600 franchises earned on average $2.6 million in 2013; this was slightly higher than the 2012 level of $2.5 million. McDonald's franchises are second in earnings to Chick-fil-A, whose franchises average around $3.1 million annually.

    Full Answer >
    Filed Under:
  • Q:

    How do you open a Dunkin Donuts franchise?

    A:

    Open a Dunkin' Donuts franchise by submitting a successful application to its corporate office and following its steps for acquiring and running your own franchise. Dunkin' Donuts has very stringent guidelines for becoming a franchisee. Each step of the process is laid out so that only the most qualified applicants become business owners and so that existing franchisees' businesses remain successful.

    Full Answer >
    Filed Under:

Explore