Scribd Logo
Upload

Welcome to Scribd!

  • 41 views

    Structure: 1. Individual Franchise Agreement Franchisor

    Uploaded by

    Bob Bin
    The document outlines three types of franchise agreements: individual, area, and master. It also describes the steps involved in planning and purchasing a franchise, including developing a business plan, conducting legal reviews, creating training and advertising programs, selecting a site, and signing agreements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Structure: 1. Individual Franchise Agreement Franchisor

    Uploaded by

    Bob Bin
    41 views3 pages
    The document outlines three types of franchise agreements: individual, area, and master. It also describes the steps involved in planning and purchasing a franchise, including developing a business plan, conducting legal reviews, creating training and advertising programs, selecting a site, and signing agreements.

    Original Description:

    Entrepreneurship Management

    Original Title

    Franchising

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines three types of franchise agreements: individual, area, and master. It also describes the steps involved in planning and purchasing a franchise, including developing a business plan, conducting legal reviews, creating training and advertising programs, selecting a site, and signing agreements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    41 views3 pages

    Structure: 1. Individual Franchise Agreement Franchisor

    Uploaded by

    Bob Bin
    The document outlines three types of franchise agreements: individual, area, and master. It also describes the steps involved in planning and purchasing a franchise, including developing a business plan, conducting legal reviews, creating training and advertising programs, selecting a site, and signing agreements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 3

    Structure: 1.

    Individual Franchise agreement Franchisor

    Franchisee Involves the sale of single franchise for specific location.

    2. Area franchise agreement

    Franchisor

    allows franchisee to own and operate a specific number of franchise in a particular geographic area.

    Franchisee

    franchisee

    franchisee

    3. Master franchise agreement Franchisor

    Franchisee

    Sub Franchisee

    Allows a franchisee to own and operate a specific number of franchisees in a particular geographic area. + Provides the franchisee the right to sell it to others who manages their own franchise.

    Steps in planning: 1. 2. 3. 4. 5. 6. 7. 8. Develop a franchise business plan Get professional advice Conduct an Intellectual property audit Develop franchise docs Preparation of operating manuals Planning an advertising strategy and a training program Put together a team for opening a new unit Planning a strategy for opening

    9. Locating a site for grand opening

    Steps in purchasing: 1. 2. 3. 4. 5. 6. 7. Visit the franchisee outlet Retain the franchise attorney Meet the franchisor and find out their ideas and how u are benefited frm it Review all docs Sign the legal docs Attain the training programs Open the business.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy