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What\'s difference between chain and franchise?

작성자: 정*환
2023-12-06 2804

회원님의 영작문

Chammy, I was so glad to know difference between chain and franchise.
Thanks to you, I got more confidence. hehe


They look similar however there is difference.
First of all, franchise means the owner for the head office offers his brand name and way to manage to the branches.
Franchise could be branches owned by individual who buy their right to sell to franchisers.
When you say chain, that means expanded business or branches owned by one person.
The chain business is like building up branches owned by one person.
Here's the example.
I owned one hotel, I got high monthly revenue every year, so I expanded 2 more hotel whose name are same with head hotel.
Those 2 hotels can be chain because only one person owned them.
If some other people would like to manage their own hotel under the same name with my hotel, It could be franchise hotel.
because I don't own their hotel even though they used same name and way to manage.

강사님의 첨삭교정 내용

Hello, Han!
I am very happy to hear that I was able to explain well earlier. In addition, you were able to write down the details below. ^_^
-Chammy
Chammy, I was so glad to know difference between chain and franchise.
>>Chammy, I was so glad to know the difference between chain and franchise.
Thanks to you, I got more confidence. hehe
>>Correct
They look similar however there is difference.
>> They look similar however there is a difference.
First of all, franchise means the owner for the head office offers his brand name and way to manage to the branches.
>>First of all, a franchise means the owner of the head office offers his brand name and ways to manage the branches by individuals.
Franchise could be branches owned by individual who buy their right to sell to franchisers.
>> Franchises could be branches owned by an individual who buys their right to sell including the franchisor's brand and products. 
When you say chain, that means expanded business or branches owned by one person.
>>Correct
The chain business is like building up branches owned by one person.
>> Correct
Here's the example.
I owned one hotel, I got high monthly revenue every year, so I expanded 2 more hotel whose name are same with head hotel.
>>I own one hotel and I get high monthly revenue every year, so I expanded 2 more hotels whose names are the same as the head hotel.
Those 2 hotels can be chain because only one person owned them.
>> Those 2 hotels can be a chain because only one person owns them.
If some other people would like to manage their own hotel under the same name with my hotel, It could be franchise hotel.
>> If some other people would like to manage their own hotel under the same name as my hotel, It could be a franchise hotel.
because I don't own their hotel even though they used same name and way to manage.
>>because I don't own their hotel even though they used the same name and way of managing.
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