Franchisingfuture

franchisingfuture ROBERT WEINS INTRO TO BUS. COL.

MOORE 04-22-02 FRANCHISING: A franchise, by definition is a stiff agreement that allows one organization with a product, idea, name or trademark to grant certain remunerates and information about make pass a commerce to an independent byplay owner. In return, the business owner (franchisee) pays a wages and royalties to the owner. This one-time slant paid by the franchisee to the franchisor is referred to as a franchise fee. The fee pays for the business concept, rights to bosom abuse trademarks, management assistance and other services from the franchisor. This fee gives the franchisee the right to open and operate a business utilize the franchisor’s business ideas and products. A royalty fee is a sustained fee paid by the franchisee to the franchisor. The royalty fee is normally a percentage of the gross revenue acquire by the franchisee. The Federal Trade Commission (...If you want to outsmart a full essay, order it on our website: BestEssayCheap.com

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