Difference between Franchise and Branch

According to the article, a branch is sub office of the entity and operated by itself, whereas a franchise is operated or run by another party known as franchisee. Franchisee uses the business methods & services of the Franchisor against an agreement. Franchise and Branches differ in these key areas: Business Operations Investment in Operations […]

Abstract:

According to the article, a branch is sub office of the entity and operated by itself, whereas a franchise is operated or run by another party known as franchisee. Franchisee uses the business methods & services of the Franchisor against an agreement.

Franchise and Branches differ in these key areas:

  1. Business Operations
  2. Investment in Operations
  3. Operational Employees
  4. Profit Sharing
  5. Quality assurance

 

Fiscal Year

Nepal’s fiscal year runs from 16th July (ongoing year) to 15th July (following year).

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