? [...] . Other programs are less restrictive and allow for the usage of both a trade name in addition to the franchisor’s brand name With some franchise programs, the business operates using the Franchisor’s brand name only. ? Area Development Franchising In accordance with a “development schedule”, the franchisee agrees to establish a predetermined number of “unit franchises” within a particular territory Additional Sources of information ?Success Magazine ?International Franchise Association www.franchise.org ?Franchise Sales Press *Get this magazine since it is known for its focus on franchise opportunities. . *** Prepare a list of relevant questions prior to calling Home Based Franchising Note however, that a dealership can become a Franchise IF a FEE is paid to the franchisor AND the distributor is dependent upon the franchisor’s pay structure. . You are responsible for payment whether your business is profitable or not . If you?ll need financial backing, then you will need to create a business plan . A Franchise is a business in which “… . It’s required by Law that prospective Franchisee’s are provided Comprehensive Disclosure, a copy of the franchisor’s Standard Franchise Agreement, Audited statements, a list of the names of all of the Franchisees, as well as a copy of all documents that require the franchisees’ signing Often times, they’ve done demographic studies and other studies to ensure that you have greater odds of returning a profit.
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