Many of the best-known American retailers, like Starbucks and McDonald's, have contractual agreements with another firm or individuals, allowing its businesses to operate overseas. These companies expanded globally using

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Franchising is a business model where a company allows another party to use its brand name, products, and business system in a specific location or region in return for a fee or share of profits. This allows the parent company to expand globally without taking on the financial risk and responsibility of managing foreign operations themselves. Starbucks and McDonald's are examples of companies that use franchising to expand globally.

Many of the Best-Known American Retailers, Like Starbucks and McDonald's