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Franchise modelsJoint venture
The brand owner and a local partner jointly capitalize a shared entity — sharing risk and reward, often used in complex or legally restricted markets.
Definition
The brand owner and a local partner jointly capitalize a shared entity — sharing risk and reward, often used in complex or legally restricted markets.
Where this sits
No single model fits every market. The choice depends on the control you want, the speed of expansion and the capability of available partners.
Related terms in this topic
Master franchiseThe model granting one partner full rights to develop the brand in a country or territory — the most common way for brands to enter foreign markets quickly.
Area developmentA model where the partner commits to opening multiple outlets in a territory on a roadmap, giving the brand controlled coverage without granting sub-franchising rights.