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Frank Hoy

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Frank Hoy and Pramodita Sharma

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Pramodita Sharma and Frank Hoy

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Frank Hoy and Kirby Rosplock

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Juan Holguin, Ernesto Gamboa and Frank Hoy

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Edited by Frank Hoy, Rozenn Perrigot and Andrew Terry

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Edited by Frank Hoy, Rozenn Perrigot and Andrew Terry

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Frank Hoy, Rozenn Perrigot and Andrew Terry

This chapter begins with an overview of the significant role that the franchise model plays in the global economy. Despite the number of enterprises, volume of revenues generated, and jobs created, franchising has received relatively little attention in scholarly publications and in educational programmes. Prior literature reviews are cited, highlighting subjects that have received some attention. Brief previews of the other chapters in the Handbook are provided. The chapter and the entire Handbook are offered as encouragement for further research into franchising.

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Dianne H.B. Welsh and Frank Hoy

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.