Franchising

Franchising makes money by letting partners pay to use your proven brand name and systems. You don’t need a bank’s permission to grow because the partners provide the cash, though you still need the partner’s permission to use their labor. The secret sauce is the “playbook” that ensures the product is the same everywhere. It detaches your income from your time by letting thousands of local owners do the daily work for you. McDonald’s and Marriott use this to own the world’s best locations.