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Under the existing contract, Singer could neither withdraw rights granted to franchisees nor send in its own salaried representatives.So, the company started repurchasing the rights it had sold. That may have been one of the first times a franchisor failed, but it was by no means the last.(Even Colonel Sanders did not initially succeed in his Kentucky Fried Chicken franchising efforts.) Still, the Singer venture did not put an end to franchising.
His was one of the earliest—and most successful—franchising operations in the United States.
In return the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a Franchise Agreement.
The word "franchise" is of Anglo-French derivation—from franc, meaning free—and is used both as a noun and as a (transitive) verb.
The United States is a leader in franchising, a position it has held since the 1930s when it used the approach for fast-food restaurants, food inns and, slightly later, motels at the time of the Great Depression.
As of 2005, there were 909,253 established franchised businesses, generating 0.9 billion of output and accounting for 8.1 percent of all private, non-farm jobs.