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Expert Analysis

Franchising For The Greater Good

Law360, New York (June 3, 2015, 4:49 PM EDT) -- Franchise businesses and nonprofit organizations usually aren't mentioned in the same sentence. Franchises, of course, are designed to make money, while nonprofits are designed to do good without regard to the bottom line. But some nonprofits have found that it makes sense to set up a for-profit franchise to supplement their cash flow while doing good at the same time. The concept, sometimes called "social franchising," is not new. And it's still an interesting angle that works well for some nonprofits and franchisers....

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