northofnowhere
Campaign Veteran
imported post
I've worked for both as management also But besides just knowing it is completely differient situations. Wal-Mart owns all of its own buildings. Taco Bell is a franchise which leases the Taco Bell name and food, but each Franchise owner owns the property and buildings Taco Bell is operated out of.
For instance, a company called Midwest Foods owns the local Taco Bells, or did last time I cared. Locally as well Wal-Mart corporate owns Wal-mart here and all Wal-Marts in general. Midwest Foods would then be responsible for policies regarding what can happen on its property, not Taco Bell itself.
I've worked for both as management also But besides just knowing it is completely differient situations. Wal-Mart owns all of its own buildings. Taco Bell is a franchise which leases the Taco Bell name and food, but each Franchise owner owns the property and buildings Taco Bell is operated out of.
For instance, a company called Midwest Foods owns the local Taco Bells, or did last time I cared. Locally as well Wal-Mart corporate owns Wal-mart here and all Wal-Marts in general. Midwest Foods would then be responsible for policies regarding what can happen on its property, not Taco Bell itself.