Ask Question
16 March, 03:29

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. 16 March, 05:11
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers