Absentee Ownership in Franchise: A Win-Win Solution for Both Franchisor and Franchisee
A conventional wisdom on franchising says that absentee ownership is not ideal in running franchise units; Therefore, most franchises offer franchising opportunities that do not allow absentee ownership. Perhaps they should think about allowing absentee ownership, as it presents a win-win solution for both franchisee and franchisor. Absentee ownership means owners who are not physically…