Edited by Frank Hoy, Rozenn Perrigot and Andrew Terry
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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