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Within four months, Jennifer's business is up and running. The difference between a franchisor and franchisee is similar to the licensee, licensor difference – they are two parties with ...
Vision is an essential point for the franchisor to consider. If you don't know where your business is going, how can you expect others to buy in as franchisees? The clearer the vision and the more ...
a happy and engaged franchise network is any franchise brands biggest asset. No franchisor would want to be manning a constantly revolving door of disgruntled outgoing franchisees and new team ...
In recent years, the quick-service industry is seeing more brands than ever make the leap from franchisee to franchisor. Long-standing franchisees of powerhouse brands such as Yum! Brands and Jack in ...
bowie15 via 123RF Every franchisor and franchisee relationship incorporates rules and standards that are put into place to outline and protect the quality of the service or products the franchisee ...
Franchisees, like employees, band together when the franchisor engages in conduct that the franchisees ultimately believe is to their detriment. This type of conduct comes in many, many forms.
There are a few minefields that potential franchisees may encounter during the sales process. By interacting smartly with the franchisor, you'll be better able to understand the opportunity ...
In a franchise arrangement, the business owner sells the rights to open a new unit to another party, who agrees to follow the franchisor's successful business model as well as pay the franchisor a ...