MOORE 04-22-02 FRANCHISING: A franchise, by definition is a cogitate agreement that allows one organization with a product, idea, name or trademark to grant certain advanceds and information about operating(a) a logical argument to an independent agate line owner. In return, the business owner (franchisee) pays a fee and royalties to the owner. This one-time fee paid by the franchisee to the franchisor is referred to as a franchise fee. The fee pays for the business concept, righteousnesss to employment trademarks, management assistance and other services from the franchisor. This fee gives the franchisee the right to open and operate a business using the franchisor’s business ideas and products. A royalty fee is a ageless fee paid by the franchisee to the franchisor. The royalty fee is usually a percentage of the gross revenue earned by the franchisee. The Federal Trade Commission ...If you want to get a full essay, order it on our website: BestEssayCheap.com
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