Tag: business

Franchise loans and their history

The History of Franchise Loans

The Birth of Franchise Loans Franchising did not take hold until after World War 2 but glimpses of it’s existence appeared back in the Middle Ages when landowners made franchise-ish agreements with tax collectors. A druggist named John S. Pemberton made the first major success in franchising. In 1886, he created a beverage made up…

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