In the previous article on “zones of protection in power system“, we see that in order to ensure the safety of the power system, it is divided into different zones. For each zone, there is an appropriate protective scheme. In this article, we will learn about two types of protection in a power system i.e. … Read more
A power system deals with generation, transmission, and distribution of electrical power. Transformers, generators, bus bars, transmission & distribution lines, circuit breakers, etc. are the elements or equipment of a power system. Each element or equipment of the power system has its own protective scheme. For example, transformer protection, generator protection, bus bar protection, transmission … Read more
Basically, green energy refers to the energy that is derived from natural resources such as water, wind, and sunlight. This type of energy is often derived from renewable sources. These types of energy sources are important in that they do not harm the environment by emitting no or lesser greenhouse gases into the atmosphere as … Read more
Metering pumps are commonly used in factories and other industrial processes to measure the level of chemicals in tanks or barrels. These pumps do a great job of measuring the level of chemicals in tanks or barrels using sensors to get a more accurate reading. But while they’re effective at their purpose, they can also … Read more
You may have heard the term “franchise” a lot over the years, but what is franchising? Franchising is a business model where people buy into a brand and operate the business on their own, rather than under the supervision of a larger company. Unlike a traditional company, a franchise offers initial training, systems, and tools. … Read more
There are several types of franchising. These include Social, Product-driven, Conversion, and Business formats. Listed below are some examples of each type of franchise. In addition, we will discuss how each one can be advantageous to you. Buying a franchise can help you avoid the risks of going it alone. However, you must make sure … Read more
Businesses that are seeking to expand their geographical reach and market share may decide to franchise their products or brand names. Franchises are joint ventures between a franchisor and a franchisee. The franchisor is the original business that has created a product or service and sells the rights to the name, idea, and business model … Read more
You can learn from successful franchise examples like Pizza Hut, McDonald’s, Subway, and Circle K. Listed below are the most notable franchise examples. You can use them as a guide when deciding whether to open a franchise. They all share common business practices. In this article, we’ll discuss what they’re doing and how they operate. … Read more
There are many advantages of owning a franchise business. In this article, we’ll discuss some of the advantages. If you’re thinking about opening a business of your own, you’ve likely wondered how to go about it. Hopefully, this article has given you some food for thought. Advantages of a Franchise Financial security While the financial … Read more
A franchise is a business system wherein a franchisee can legally use the ideas, products, and processes of a particular company in another area. The franchisor maintains the business model, but the franchisee agrees to follow the same procedures and sell the same goods and services. Franchises are a good option for expansion and growth. … Read more
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