Unlike
product franchise, the
service franchise is more labor intensive and usually skill-oriented. Service franchise usually offers specialized services for specific clientele. Whereas, product franchise usually caters to the general public. Transactions in a service franchise commonly require
direct customer assistance.
A service franchise may require a workforce that is highly skilled in a particular field such as automotive or accounting. The main asset of a service franchise is indeed the skills of the workforce it employs. The emphasis in a service franchise is quality distribution and not quantity distribution.
The US is a land of opportunity. Small and medium enterprises, product and service franchise businesses and corporations thrive and prosper because of the stable economy. The market seems to be insatiable for new business ideas. It appears that market
Tracked: May 18, 13:55