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Franchise arrangements are often called chain stores

Friday, September 18th, 2009

Franchise arrangements are often called chain stores.

Franchising (from the French for honesty or freedom) is a method of doing business wherein a franchisor licenses trademarks and tried and provenFranchise business methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor, and may indeed be required by the franchisor, which generally requires audited books, and may subject the franchisee or the outlet to periodic and surprise spot checks. Failure of such tests typically involve non-renewal or cancellation of franchise rights.

A business operated under a franchise arrangement is often called a chain store, franchise outlet, or simply franchise

Cleaning Franchise | Work From HomeHome Based Business | Franchise Business Opportunity | Management Franchise | Franchise Advice | Be Your Own Boss

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A definition of Franchising

Tuesday, November 11th, 2008

A definition of Franchising

Franchising (from the French for honesty or freedom) is a method of doing business wherein a franchisor 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 or gross profits as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor, and may indeed be required by the franchisor, which generally requires audited books, and may subject the franchisee or the outlet to periodic and surprise spot checks. Failure of such tests typically involve non-renewal or cancellation of franchise rights.

A business operated under a franchise arrangement is often called a chain store, franchise outlet, or simply franchise

 

Cleaning Franchise | Work From HomeHome Based Business | Franchise Business Opportunity | Management Franchise | Franchise Advice | Be Your Own Boss

Robin Harrison is the managing Director of Dolly Char (UK) Ltd. Dolly Char (UK) Ltd is one of the fastest growing domestic cleaning franchise companies in the UK today giving people the opportunity to work from the comfort of their own home.

domestic cleaning franchise blog, franchise business tips blog

 

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