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Franchir, French word which means ”for free.
Buying an established brand and customer-ready base FRANCHISING
It is not a business itself but a method of doing business FRANCHISING
The franchiser licenses trademarks, and tried and proven methods of doing business to a franchisee, in exchange for a recurring payment, and usually a percentage piece of gross sales and gross profits, as well as the annual fees FRANCHISING
the person or company leasing the rights to business name and system franchiser
the person who purchase it franchisee
The right to the franchise is sold by the franchiser to the franchisee for an initial sum of money, often called the up-front entry fee or franchise fee. Franchise Fee
Franchise agreement typically details the responsibilities of both franchiser and franchisee, and usually for a specific length of time 7 years
indicates the terms and conditions of the franchise FRANCHISE AGREEMENT
This type of franchise is perhaps what most people refer to as a typical franchise. This type of franchise is when the franchisor gives the rights to trademarks, trade names, ETC BUSINESS FORMAT FRANCHISE
This franchise concept is similar to a supplier-distributor relationship. The franchisor is responsible for providing the product and the distributor is then able to sell the product on. Product Distribution Franchise
It is a form of service agreement whereby the franchisee provides the management expertise, format and/or procedure for conducting the business. Management Franchise
Top 5 business franchise brands in the world Mcdonalds 7-Eleven KFC Subway Burger King
Created by: lessuy
 

 



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