INTERACTIVE VIDEO

Get ready to explore the world of business with this interactive video. Once launched, you'll dive into interactive activities, master case study analysis, and challenge your knowledge with a multiple-choice quiz
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OVERVIEW

Have you ever heard of franchising? In this video, we explore the concept of franchising as a form of business ownership. We take a closer look at the key differences between a franchise, a franchisor, and a franchisee, and use the example of the MegaBeans coffee shop franchise to explain the concept.

Franchising involves a franchisor, the original owner of the business who sells the rights to operate under their brand to other entrepreneurs, known as franchisees. In return for the rights, the franchisee usually pays an initial setup fee to the franchisor, and the franchisor also charges a percentage of all profits made by the franchisee. As a franchisor, you maintain control of the products sold, advertising, employee dress codes, and other aspects of the business. On the other hand, as a franchisee, you are often responsible for employee recruitment, training, and stock management.

By the end of this video, you'll have a better understanding of what franchising is, how it works, and whether it could be a good option for you in the future. Get ready to explore the interesting world of franchising.
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  • DETAILED EXPLAINER VIDEO
  • 10 QUESTION MULTIPLE-CHOICE QUIZ
  • 6 INTERACTIVE ACTIVITIES
  • INTERACTIVE CASE STUDY ANALYSIS
  • SUPPORTING STUDENT WORKSHEETS

CASE STUDY ANALYSIS
PAPA JOHN'S

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  • The interactive case study explores the growth and success of Papa John's Pizza, a takeaway pizza company with over 5000 locations across 45 countries. Papa John's operates a franchise model, providing training, guidance with store location selection, and full service to franchisees in exchange for an initial payment of £18,500 and a continuing royalty of 5% of weekly sales. 

Teacher Resources

Below you can find a range of teaching resources, from printable PDFs to Google Forms, along with an uninterrupted video to play to the entire class.
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