Franchises



Franchises

Legal contract between two firms that allows one of them to use the logo, name and marketing methods of the other.

  • The franchisee can then decide what legal structure to adopt
  • Requires intial fee and contract
  • Limitation on area of operation
  • Design of premises
  • Supplies purchased
  • An annual payment to the franchiser based upon the percentage of the turnover





Rating 3.00 out of 5


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