Contrary to what is generally accepted, franchising is not a modern concept from the 20th century. Depending on interpretation, franchising goes as far back as the 19th century when German brewers would allow pubs to sell their product which was considered by many as early franchising.
Contrary to what is generally accepted, franchising is not a modern concept from the 20th century. Depending on interpretation, franchising goes as far back as the 19th century when German brewers would allow pubs to sell their product which was considered by many as early franchising. The first actual company to use a written “Franchise agreement” was Singer Sewing Machines; this was generally assumed to be the beginning of the modern franchising. Later many others…Coca Cola would franchise it<s bottlers, in 1930 Kentucky fried Chicken then the rest is common knowledge; Dunkin’ Donuts, McDonalds, General Motors and Tilden to name but a few.
For more information : Overview of Franchising and pros and cons