Similarities and differences between chains and franchising

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Why would a supermarket want to lease space to an outside operator rather than run a business, such as dry cleaning, itself? What would be its risks in this approach? For example, locally, we see how Safeway stores lease space to local banks and Starbucks stores. What are the similarities and differences between chains and franchising? Give some local(honolulu hawaii) examples of both. (250 words response).

Reference no: EM131427524

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