SIC Code 6794-01 - Franchising

Marketing Level - SIC 6-Digit

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SIC Code 6794-01 Description (6-Digit)

Franchising is a business model in which a company (the franchisor) grants the right to use its trademark, products, and business processes to another company or individual (the franchisee) in exchange for a fee. The franchisee operates under the franchisor's established brand and business model, and receives support and training from the franchisor. Franchising is a popular way for businesses to expand quickly and efficiently, as the franchisee is responsible for the costs of opening and operating the franchise location.

Parent Code - Official US OSHA

Official 4‑digit SIC codes serve as the parent classification used for government registrations and OSHA documentation. The marketing-level 6‑digit SIC codes extend these official classifications with refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader view of the industry landscape. For further details on the official classification for this industry, please visit the OSHA SIC Code 6794 page

Tools

  • Franchise Disclosure Document (FDD): a legal document that franchisors must provide to potential franchisees, which includes information about the franchisor's business model, fees, and obligations.
  • Operations Manual: a guidebook that outlines the franchisor's business processes and procedures, which the franchisee must follow.
  • Franchise Management Software: software designed to help franchisors manage their franchise network, including tracking sales, inventory, and franchisee compliance.
  • Franchisee Training Programs: programs designed to train new franchisees on the franchisor's business model, products, and processes.
  • Franchise Marketing Materials: materials designed to promote the franchisor's brand and products, which the franchisee can use to market their location.
  • Franchisee Support Services: services provided by the franchisor to help franchisees with issues such as site selection, lease negotiation, and marketing.

Industry Examples of Franchising

  • Fast Food Franchises
  • Fitness Center Franchises
  • Hotel Franchises
  • Automotive Repair Franchises
  • Cleaning Service Franchises
  • Hair Salon Franchises
  • Real Estate Franchises
  • Education Franchises
  • Pet Care Franchises
  • Senior Care Franchises