Franchises are not the same as Dealerships and distributorships A dealership or distributorship differs from a franchise in that there is no FEE involved. Why? Unit Franchising Is the most simple type of franchise in which the Franchisor grants the franchisee the right to operate a single operation at a specified location or within a particular territory. Common to all franchise programs, the franchisee[ you] is responsible to pay the franchisor, advertising fees, initial fees, service fees, and or royalty fees. Other programs are less restrictive and allow for the usage of both a trade name in addition to the franchisor’s brand name. *** Prepare a list of relevant questions prior to calling. Major Franchise Types ? Because of her life’s experiences, Shawn understands that it’s impossible to predict future circumstances and thus it’s terribly important that people…particularly parents, develop financial security. ? Area Development Franchising In accordance with a “development schedule”, the franchisee agrees to establish a predetermined number of “unit [...] To receive our weekly Ezine, send a blank email to: subscribe@ownabiztoday.com RSS: http://www.ownabiztoday.com/ownabiztoday.xml Bridging the GAP between Opportunity and Success, OwnABizToday (http://www.ownabiztoday.com ) You are responsible for payment whether your business is profitable or not. ?Franchise Lawyer ?Federal Trade Commission Public Reference Branch ?UFOC “Uniform Franchise Offering circular — the material that is provided by law, by the franchisor to the qualified franchisee.
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