Handbook of Research on Franchising
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Handbook of Research on Franchising

Edited by Frank Hoy, Rozenn Perrigot and Andrew Terry

Franchising is one of the major engines of business expansion and job creation globally. The Handbook of Research on Franchising offers new insights into entrepreneurial behavior, organizational forms, regulation, internationalization, and other contemporary issues relating to this dynamic business strategy. The Handbook challenges both practitioners and scholars to give attention to the conclusions of scholarly research on this business model. Practitioners can benefit from the results of high quality scientific research, and scholars can find exciting opportunities for contributing to the body of knowledge of a subject that has not received sufficient attention in educational institutions.
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Chapter 3: Implications of family firms in franchising

Dianne H.B. Welsh and Frank Hoy

Abstract

Although family firms are prevalent in franchising, they have received minimal attention in the academic literature. The chapter reviews the studies on family firm franchises, from the perspectives of both the franchisee and franchisor. The chapter explores theories of franchising that have applicability to family businesses: the Model of Franchise System Development and the Sociological Model, and suggests succession as an addition to both models. Drawing from the family business literature, the chapter introduces the concept of ‘familiness’ as a factor to be considered in ownership and management succession in franchising. The chapter proposes areas with potential for future research which may enable smoother leadership transitions.

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