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  2. In a chain, all outlets are owned by a single company, giving it complete control over operations. In contrast, franchise outlets are owned by individual franchisees who operate their branches under the franchisor's brand and guidance.
    www.franchiseclues.com/franchise-101/chain-vs-franchise
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  3. People also ask
    What is the difference between a chain store and a franchise?A chain store is fully owned and managed by the parent corporation on behalf of the shareholders. A franchise, on the other hand, is owned by a franchisee (an outside investor). However, a corporation can still have both franchises and chain stores.
    Who owns a chain store?Since they are corporate-owned, chain stores are owned and operated by the parent company. The stores do not retain independent owners. All profits or losses accrued at each location are assumed by the parent corporation. Subsequently, they are responsible for running daily operations, managing employees, and every other aspect of the business.
    Should you buy a chain store or a franchise?When it comes to choosing between a chain store and a franchise, the primary difference lies in profit distribution. Chain stores have larger payrolls and can potentially return more profits to the parent company in the long run, as profits (and losses) and operations stay with the corporation. In contrast, franchises require the franchisor to share the spoils with the franchisee.
    Can a corporation have franchises and corporate-owned chains?A corporation can indeed have both franchises and chain stores. For instance, franchise companies like McDonald’s have franchise-owned stores and corporate-owned restaurants within their network. At the end of the day, both franchises and company-owned chain stores must follow similar guidelines and corporate policies.
     
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