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January 09, 2013
The First Franchisor: Singer Corporation.
The first formal business format franchise is an honor that belongs to Singer Corporation. In 1851, Isaac Merritt Singer and lawyer Edward Clark started I.M. Singer & Co. in New York City. In the mid-1850s, Singer started to use franchise contracts to distribute its sewing machines over the then-widespread and disconnected geographic areas of the U.S. The company is now headquartered in La Vergne, Tennessee.
Posted by JD Hull at January 9, 2013 01:06 PM