Payment Systems & Franchising. Two articles discuss the growth potential for developing payment systems within commercial businesses generally and QSRs specifically. The Green Sheet discusses the reluctance of QSR franchisees to use electronic payment systems for their customers without a push from the franchisors. In money.telegraph, the author profiles a British company looking to modernize the age-old practice of barter and use a franchising network to accomplish that goal. Bartercard allows members to trade excess capacity for credits in the member network; members may then use the credits to buy goods or services from other members in the network -- from wedding planners to designers to lawyers and accountants. Bartercard is looking to expand through franchising -- its goal is to develop 22 franchisees by the end of this year.
Posted by franchiselawblog at September 8, 2003 09:00 AM