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The History of franchising

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by: artavia.seo
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Franchising is big business in many areas of the world today, and the UK is no exception. However, not that many people know how it got started. The earliest franchising opportunity came about in 1850 with the Singer sewing machine, when Isaac Singer decided that he needed a better way to market it and get it into the minds (and the homes) of people. The next big franchise experiment came from Coca-Cola, and it was much more successful. The telegraph system was another example, since Western Union controlled it but many railroad companies used it. Automobile manufacturers and the dealerships that they work with are also examples of franchise agreements. In 1933, the modern franchising model really took off when people started franchising fast food establishments. Motels also started franchising around that same time, and between the two they took various countries by storm. Now there are both fast food and motel franchises all over the world and people enjoy them because they're familiar and feel safe.

As more highways were built and people could travel from place to place more easily, individuals started franchising more kinds of stores, because they were easier to get to and they were 'along the way' instead of being out in the middle of nowhere. Not all companies are easily franchised, though. Some of them don't duplicate well, a few of them just cost too much to operate, and there are others that just aren't that marketable or that aren't run well, so they disappear. However, there are still plenty of franchises out there, and more are coming along every day. They seem to be part of the fabric of life in the UK, in the US, and in many other countries throughout the world. No matter where they came from they are clearly around to stay and they won't be going anywhere. That's a great thing for people who have started up these franchises and it's also a great thing for people who like to eat/sleep/shop there, because they know that they'll always have that option, even when they travel away from home.

About the Author

This article was written by Tom Sangers on behalf of Martin&Co Property Franchise who offer a great franchise opportunity with a lettings franchise


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