... business Sales strategies Entrepreneurialism Service industries Business format franchising can be defined as “the granting of a license for a predetermined financial return by a franchising company (franchisor) to its franchisees, entitling them to make use of a complete business package...

... by service entrepreneurs, additional variability is found within the service sector. Service industries and businesses vary in terms of the degree of customer contact and customer involvement, the degree of labor vs capital intensity, size and geographic scope of operations, technical training or expertise...