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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
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Fiscal Year

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

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