Tag: franchise agreement
The How’s to Shower Before Taking a Franchise
To get the first sip in the entrepreneurship world many decide to get started with an established franchise business as taking the franchise opportunity offers an acknowledged brand name, training, ongoing support and more assistance from franchisor. However, becoming a franchisee needs some homework to complete. First, read the steps of franchising thoroughly and then […]
Things to know Before Signing a Franchise Agreement
Signing a franchise agreement needs some homework to do. And why not? After all you are owning the chain of a brand which is already existing in the market. You have to make sure that you are going the right way. If you want to make a rewarding business decision, get detailed knowledge of things […]
How to know your Business is Franchise-able?
Though every business can be franchised and present anywhere, yet still there are certain basic requirements that should be met by businesses to opt franchise route. Franchising business is certainly a proven way to expedite your business expansion plan. It covers the entire nation under the umbrella of your brand. To make the […]
6 Factors To Consider While Owning A Franchise
Owning a franchise is certainly an ear-friendly expansion route for entrepreneurs as you get good ways of marketing and a proven business model. Every franchisor has their different rules which regularize the franchise business you purchase from them. The key point is to introduce yourself with all the regulations of the company so as there […]
The Standard Franchise Agreement
So you are planning to build a chain of your business in any other location i.e. opening a franchise. No doubt it is the best way to go for. Your next step should be documenting the legal rights and obligations for the franchisees certainly and for that you need to draft a Franchise Agreement. A […]
The 5’s of Franchise
Owning a franchise business involves planning to buy a business that has already predetermined rules itself. Taking a franchise which is already on its zenith while enjoying the benefit of being your own boss. To make sure you are taking the right franchise, have a sight to the steps of franchise: 1. Discover Options There […]
Failure in Franchising: Termination of Franchise Agreement
The franchisee-franchisor relationship should be capable of surviving over a long period of time. However there will be events when the agreement comes to an end. This can happen in a no. of ways: Breakup of the franchise agreement by the franchisor Breakup of the franchise agreement by the franchisee The interests of both, the […]
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