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The classification of the business according to its ownership, and an explanation of the benefits and constraints of this type of ownership.
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E1- The classification of the business according to its ownership, and an explanation of the benefits and constraints of this type of ownership. McDonalds is a Ltd business. It also is franchise. The franchise agreement enables the franchisee the legal right and consent to run a McDonalds restaurant at a single address, but the agreement has to be a minimum of 20years. The are not many rights a franchisee will get, but there are some benefits, because McDonalds is a world-wide company and is recognized by millions around the world with it's famous golden arches logo, and with being the franchisee he/she will be allowed to use this. Also the other rights include:> The Design of the restaurant -This is mainly so all the restaurants around the UK look the same.> Equipment -The same equipment is used to produced the same food in only one way, this is to ensure 100%...
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