The Ethical Principles in Franchise

Abstract

There were important purposes for having ethics in doing franchises; 1) to support the franchises ‘owners in sense of duties and responsibilities for doing franchises professionally, 2) to be fair and be safe for the stakeholders in doing franchises, 3) to support the business of doing franchises in order to have quality products and services for joining the business competition, 4) to increase the business profits and decrease the products’ costs, 5) to build the images, prosperities, trustiness, and wealth. Consequently, the ethics principals in doing franchises should include 3 steps; 1) defining business ethics,  2) progressing the business ethically, and 3) publishing business ethics widely.