Assertion: franchise's business | /r/HasProperty | the franchisor
Facets:
value: under the franchise rule
type: OTHER
value: if
type: OTHER
Source sentences:
text: Put another way, in a franchise a business (the franchisor) licenses its trade name (the brand, such as BrightStar Care or Sport Clips) and its operating methods (its system of doing business) to a person or group operating within a specific territory or location (the franchisee), which agrees to operate its business according to the terms of a contract (the franchising agreement).
text: : Warren Buffett teaches us that the best business to own, the one with the best long-term prospects is a franchise - one that sells a product or service that is needed or desired, has no close substitute, and yields profits that are unregulated.
text: A Franchise is a trademarked business formula owned by a company (Franchisor) and is available to individuals to purchase the rights to operate a small business (Franchisee) for a set period of time.
text: A franchise is the agreement or license between two legally independent parties which gives a person or group of people (franchisee) the right to market a product or service using the trademark or trade name of another business (franchisor).
text: An agreement whereby a business (franchisor), licenses another business (the franchisee) to trade using their branding, business model and a number of other assets, whilst also supplying additional support and guidance as part of the package.
text: The simple truth is that any business and any idea can be franchised.
text: The Master Franchise Agreement (MFA) is a type of franchise agreement that allows the Master Franchisee the right to own and operate more than one establishment (called unit), and the right to sub-franchise the right to open units to other independent businesses (called Franchisees), all during a specified time within a specific area.
text: These independently owned businesses (known as “franchisees”) are responsible for: finding a site for their business (if applicable), the entire cost of opening their business, hiring and managing their employees, advertising their business and of course adhering to standards established by you (the “franchisor”) when operating their business… just to name a few (to learn more Contact Us).
text: A business is considered a franchise in the eyes of the Federal Trade Commission under the franchise rule if:
text: The original business which sells the right is called the franchisor: the person or company which purchases the right is called the franchisee.
text: A franchise is a type of license that a party (the franchisee) acquires to allow them to have access to a business's (the franchisor) proprietary knowledge, processes, and trademarks.
text: Buying a franchise establishes a relationship with the successful business (the franchisor), provides on-going brand awareness, and gives the franchise owner a proven system to work with.
text: A true business format franchise occurs when the owner of a business (the franchisor) grants a licence to another person or business (the franchisee) to use its business idea - often in a specific geographical area.
text: Most businesses - all types of business, not just franchises - succeed when the owner truly enjoys the products and/or services that the business supplies.
text: A business operating under such authorization, a franchisee.
text: An agreement whereby a business (franchisor), licenses another business (the franchisee) to trade using their branding, business model and a number of other assets, whilst also supplying additional support and guidance as part of the package.
text: A franchise is a legal and commercial relationship between the owner of a trademark, service mark, trade name, or advertising symbol (the franchisor) and someone who seeks to use that identification in a business (the franchisee).