1993
DOI: 10.1108/09596119310040516
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Performance of Fast‐food Franchises in Britain

Abstract: Fast‐food and franchising should present a formidable marriage when coping with declining economic performance. Compares the performance of 54 (18 franchisors; 18 fast‐food franchisees; 18 fast‐food companies) between 1987 and 1990 using Taffler′s Z‐score analysis. Finds that franchisors′ performance during the period declined but remained better than that of fast‐food franchisees and fast‐food companies. Fast‐food franchisees have remained buoyant but there are incidences of potential failures. Outlines diffe… Show more

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Cited by 14 publications
(9 citation statements)
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“…The most important benefit in buying a franchise is training and getting the practical skill (Price, 1993;Choo & Bowley, 2007). In all franchises models, it is required for the franchise to deploy a trainer for employees" training.…”
Section: Introductionmentioning
confidence: 99%
“…The most important benefit in buying a franchise is training and getting the practical skill (Price, 1993;Choo & Bowley, 2007). In all franchises models, it is required for the franchise to deploy a trainer for employees" training.…”
Section: Introductionmentioning
confidence: 99%
“…Out of the total of 2,035 franchisee units that changed hands in 2004, a total of 1,401 changed their franchisee, 105 were bought back by the franchisor, and 525 were closed down ( Table 4) Second, lower than average performance appears to occur before failure (Price 1993). The UK franchisees were asked whether they considered their franchisee units to be highly profitable, quite profitable, marginally profitable, or loss making.…”
Section: Us and Uk Total Franchisee Failure Comparisonsmentioning
confidence: 99%
“…A UK fast-food study shows that there may be some question as to whether or not mature, larger franchisor companies out-perform or underperform compared with franchisors that grow rapidly or convert many franchises quickly. Franchisors and franchisors can enhance franchisee success by a franchisor culture change that nurtures franchisee loyalty (Price 1993).…”
Section: Franchisee Turnover Rates By Percent Growth In Franchised Unitsmentioning
confidence: 99%
“…None of the outcomes becomes unequivocally more positive. Four of the seven studies examining the relationship with financial performance found positive effects Fadairo 2008, 2010;Spinelli et al 2003;Thompson 1994), but the other three studies reported negative effects (Inma and Debowski 2006;Price 1993;Sorenson and Sørensen 2001). This difference may be due to different ways of measuring and, in particular, to the way in which the first two studies measured age as part of a broader typology.…”
Section: E: the Influence Of Size And Agementioning
confidence: 99%