Franchises |
The knowledge, methods and the franchise is a trade goods or services system, in which a persona called ‘franchiser’ gives to other called ‘franchised’, a license to use a brand, methods and procedure in order to allow to the franchised to operate in a business.A franchise must be has the following elements:
A franchise system is:
A franchise system is not:
The Parties: Franchiser This person has a particular brand and technology (know how) of trading goods or services, by means of a contract, the transfer rights or the use of the brands and the technology with technical, organizational and management assistance to the ‘franchised’ business. Obligations of the franchiser Develop and test, inside the practice of the businness concept and the technology that involve the franchise, authorizing to the franchiser to use this technology, as well as the implementation, management and operation of a working business.
The Parties: Franchised This person purchase a right to commercialise a good or a service inside an exclusive market, using the profits of a brand and the support that receive in the training, operations manuals and the business management.Obligations of the franchised To purchase a franchise it has to make a initial payment to the franchiser, as well as periodical royalties. The franchised is the responsible of the installation, inauguration, operation and management of the franchise, according with the franchiser rules. In adittion, the franchised pay the costs of installation and the operatives and management costs, besides of be the responsible of the contract and management the human resources.
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The knowledge, methods and the franchise is a trade goods or services system, in which a persona called ‘franchiser’ gives to other called ‘franchised’, a license to use a brand, methods and procedure in order to allow to the franchised to operate in a business.