Ask Question
12 November, 03:15

Clinton owns a popular coffee shop in downtown Seattle. Rather than open up a second shop, he allows another business owner to use his company name and follow the same operations. The second business owner, in turn, pays him an initial monthly fee for operational support and the use of the company name. What revenue model does this represent?

+1
Answers (1)
  1. 12 November, 03:57
    0
    Franchising

    Explanation:

    When the owner of the firm sells the right to use the brand, logo and products to a third party, he is franchising the company.

    This model is widespread in the world, and particularly common among retailers and fast-food chains, for example, McDonalds, Subway or 7-Eleven.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Clinton owns a popular coffee shop in downtown Seattle. Rather than open up a second shop, he allows another business owner to use his ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers