FRANCHISING: Franchising is a contractual business which is held between a manufacturer and a dealer or a supplier.

It involves both goods and services. opening a new business can be much risky. So,opening a franchise can save both the money and time instead of opening a business. ABOUT KFC: KFC (Kentucky fried chicken is a chain of fast food restaurants based in !ouisville, Kentucky. "he company was founded by Colonel #arland sanders in $%&'. In '((),over '*((( people were employed in KFC. S+, it is such a big company. KFC AND ITS FRANCHISES: ,ecause of the lightning fast growth of this company,Colonel sanders decided to e-pand his business and open a franchise."he first franchise of KFC was first opened in $%&' at South salt lake,.tah."oday KFC has /( franchise all over the world. !ike other franchises opening a KFC franchise is not easy.there are some systems to follow in case of that. "o open a KFC franchise the below mentioned information should be followed. Total Investment: 0$,'((,(((10$,/((,((( Initial Franc ise Fee: 0'&,((( Ro!alt! Fee: *2 A"vertisin# Fee: 345 Term o$ A#reement: '( years Rene%al Fee: 0*.%K Franchisees re6uires to buy multiple units4master licenses 5bsentee ownership of franchise is not allowed. "he applicator should have 7 below mentioned 6ualifications1 $.Industry e-perience '.8enerel business e-perience 7.marketing skills

 ,efore opening a KFC franchise the applicator should have the knowledge of below mentioned things1 $.,rand recognition9 It is much more needed. ,ecause, if the brand has no recognition it won:t have proper market. '.Customer attraction 7.Competitive advantage *.Franchise value system &.;ulti1unit growth <.=conomic stability ).,rands that give back to the community /.>evelopment e-pertise %.5cces to financing $(.Solid business support $$.?uality on1boarding and training $'.@eliable supply chain $7.@eturn on investment 5ccording to the principles of franchising, opening a franchise of KFC is much easier than ever