Tag Archives: Franchising

Expanding a Business – GCSE Business Studies Revision


But first Sometimes sole traders like doctors or dentists form partnerships This can benefit them because they share expertise and can help each other However, they also share responsibility and disagreements can happen Partners have unlimited liability (see my other … Continue reading

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Stakeholders – GCSE Business Studies Revision


This revision content is also featured in a video on my YouTube channel: (I give permission for my YouTube channel to monetize this revision content) Who or what are they?! They are people with an interest in what a business is … Continue reading

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Starting a Business – GCSE Business Studies Revision


This content is also in a video on my YouTube channel: (I give my channel permission to monetise it and feature it in a video) Why would someone start a business? To make money To work on their own – not have … Continue reading

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Franchising – GCSE Business Studies Revision


Franchising A franchise is a chain of shops or restaurants, etc, which is licensed out so that people can copy it A franchisee can make an agreement with a franchisor to pay the franchisor for the right to use their … Continue reading

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