Business KS4 / GCSE: What is a franchise?

Radio 1’s DJ Greg James explores the franchise business model while at the Reading Festival.

Walls ice cream vans are used as a relevant and well-known example to discuss both the advantages and disadvantages of being part of a franchise business.

This is from the series: Music, Mud and Making Money

Teacher Notes

Could be useful to clarify the difference between a franchiser and a franchisee.

Examples will aid discussion on the advantages and disadvantages of buying into a franchise and introduce students to the high number of franchises we all see and use on a day-to-day basis.

Follow up by asking students to research other well-known franchised brands.

Curriculum Notes

This clip will be relevant for teaching Business at KS4/GCSE, in England and Wales and Northern Ireland

Also at National 5 in Scotland.

This topic appears in OCR, Edexcel, AQA, WJEC, CCEA GCSE and SQA.

More from the series: Music, Mud and Making Money

How to be an entrepreneur
What’s it like being a sole trader?
Different types of companies – LTDs and PLCs