Is in that a difference between a franchise owner and a business owner? ?
Answers: If you own a business, you own the whole business, hang on to all the profits and can do what you close to with it (so long as its in company law).
If you own a franchise, you own a right to run a business, although its someone elses idea and you generally have to earnings them as a supplier or landlord.
An entrepreneuer is someone who invents ...or realises thier business can earn them more if they sold franchises and get other people to earn for them!
business owner is a broad definition of anyone who owns a business. Franchise owner describes a unshakable type of business owned. If you owned the McDonald's in your town, you would own a franchise. You own your finicky store and are in charge of the business but the given name and certain aspects of the business are controled by the major corporation. But, you are still responsible for paying the lease, taxes, employees, etc. Franchises contribute certain resources for the owner that a moment ago having your own small business does not. But, mortal the owner of your own small business that is not a franchise offer certain freedom and conclusion making opportunites that franchising doesn't. a franchise owner has to follow sure rules of the franchise. while a business owner can make up his own rules.
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