SOME ECONOMIC ASPECTS OF FRANCHISING IN THE USA

Yuliia Chaplynska () and Varvara Piterska ()
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Yuliia Chaplynska: Dnipropetrovsk State University of Internal Affairs, Ukraine
Varvara Piterska: Odessa National Maritime University, Ukraine

Baltic Journal of Economic Studies, 2019, vol. 5, issue 5

Abstract: The purpose of the article is to study the economic aspects of franchising in the USA. The subject of the study is some economic features of franchising activity in the USA. Research methodology. The research is based on the use of general scientific and special-scientific methods and techniques of scientific knowledge. The dialectical method allowed us to investigate the definition of franchising in the USA. Comparative legal method was used to compare legislative approaches to this issue. The statistical method was used to establish data that reflects the effectiveness of franchising activities. The method of system analysis helped to find out in which areas of economic activity franchising is most demanded. Interpretation of the content of the US legal acts governing issues related to franchising was realized with the help of the normative-dogmatic method. The system-structural method was used to study franchising in the USA as a single entity (system) with the coordinated functioning of all its elements. Methods of analysis and synthesis helped to study some economic aspects of the studied category to formulate further conclusions. Practical application. The positive experience of the USA in regulating issues related to franchising can be used for making appropriate changes to the Ukrainian legislation. Since franchising had originated and developed in this country, it is advisable to identify the key economic and some legal features of this area of business activity. Correlation/originality. This scientific work is the first research in Ukraine devoted not only to the general issues of franchising activity regulation, but specifically to the economic features of franchise activity in a separate country (in the USA).

Keywords: franchising; economic indicators; franchisor; franchisee; pre-contractual disclose of information; the FTC Franchise Rule; FDD (search for similar items in EconPapers)
JEL-codes: F23 M21 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:bal:journl:2256-0742:2017:5:5:24

DOI: 10.30525/2256-0742/2019-5-5-183-188

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