answersLogoWhite

0


Best Answer

Yes They can, it is considered social business.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a non profit organization own a franchise?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Other Business

Can llc own a non for profit?

yes!


What is the requirement to own a Nike franchise?

what is the requirement to own a Nike franchise?


Does a franchise have complete control?

While the franchisee is, in fact, the owner of its own business, and in most cases owns tangible assets of the franchise outlet, that doesn't mean they have complete control. In some way, the franchisee is not entirely independent. The franchisee must adopt the franchisor's business system, instructions, and operations to guarantee proper presentation of the brand. This is why many entrepreneurs often struggle when they choose to buy a franchise. However, some franchisors are open to feedback and in some cases are willing to change certain practices recommended by their franchisees. A franchisee must conform to the rules of the franchise agreement. This may include store or facility layout and organization, signage, product management (what you sell) , and purchasing equipment, ingredients, and supplies from the franchise organization. Although the declared reasoning for purchasing supplies from the franchise organization is to keep the quality of products to the standards of the franchise organization, the quality is not always higher although its cost is higher than from other sources. This serves to keep a flow of income to the franchise organization after the initial franchise fees. It may also make it more difficult for a franchise to compete profitably with competing non-franchise facilities. One result of this is the occasional use by some franchises of "bootleg" supplies purchased elsewhere at lower cost and possibly (but not necessarily) lower quality. Although violating the rules of the franchise agreement, it is difficult to catch and enforce.


Does a franchise owner have complete control?

While the franchisee is, in fact, the owner of its own business, and in most cases owns tangible assets of the franchise outlet, that doesn't mean they have complete control. In some way, the franchisee is not entirely independent. The franchisee must adopt the franchisor's business system, instructions, and operations to guarantee proper presentation of the brand. This is why many entrepreneurs often struggle when they choose to buy a franchise. However, some franchisors are open to feedback and in some cases are willing to change certain practices recommended by their franchisees. A franchisee must conform to the rules of the franchise agreement. This may include store or facility layout and organization, signage, product management (what you sell) , and purchasing equipment, ingredients, and supplies from the franchise organization. Although the declared reasoning for purchasing supplies from the franchise organization is to keep the quality of products to the standards of the franchise organization, the quality is not always higher although its cost is higher than from other sources. This serves to keep a flow of income to the franchise organization after the initial franchise fees. It may also make it more difficult for a franchise to compete profitably with competing non-franchise facilities. One result of this is the occasional use by some franchises of "bootleg" supplies purchased elsewhere at lower cost and possibly (but not necessarily) lower quality. Although violating the rules of the franchise agreement, it is difficult to catch and enforce.


How can i own a target store?

I don't believe they franchise, but why would you want to-they are losing money to walmart and amazon. before you invest your life savings in a store-try to find one making a profit.

Related questions

Is Asda Walmart a profit or non profit organization?

i think that it is a profit organisation as they make money out of what they do such as own brands etc


Who owns non profit organization?

wrong spelling....i dont understand.. Nobody can own a non profit organiSation :) Isn't there spell check on this?


How can you own a nonprofit organization and make some money?

you seem not to understand the idea of 'non-profit'


Where can I start an organization for the less fortunate?

There are many steps in beginning your own non profit organization. For instructions on how to get started you can visit foundationcenter.org/getstarted/tutorials/establish/


What non-profit organization is made up of worldwide ham radio operators that use their own membership-supported satellites?

Amateur Radio.


Can llc own a non for profit?

yes!


Can you have a lottery for real estate?

Each state has its own rules but from what I understand is that the answer is NO! There are few exception which include auctions of real property for Non-profit organizations or when an organization lotteries for charity.


Starting Your Own Non-Profit Corporation?

All over the country, non profitcorporations provide their communities with much needed resources. The main goal of these organizations is to offer a service, assist a group or raise awareness without earning a profit. There are non-profit organizations in almost every sector of society, including education, healthcare, culture and the arts. These charitable organizations are a valuable resource in the community and enrich the lives of the millions they serve.Every year, many people start non-profit organizations in order to raise money or awarenessof a cause. Starting a non-profit organization is a noble endeavor, but just as starting a for-profit business, it may be confusing to sort through the maze of laws and regulations that accompany them.The rules for starting a non profit corporationvary from state to state, but there are a few universal steps in starting your organization.The first step in starting a non-profit corporation is to formulate a business plan that outlines how the organization will be run. This plan should address the financial needs of the organization, the structure of the organization and the programs the organization will offer.When starting your organization, you will need to formulate a mission statement. The mission statement spells out the goals of the company and how you expect to serve your target audience. This mission statement alsolists the values and services of the organization.Another crucial step in starting your non-profit is to choose a board of directors. This group of experts should be chosen with great care and should reflect the unique needs of your organization. When choosing board members, target a group of individuals from a cross-section of professional fields. The size of the organization will dictate the number of board members that are required, although a minimum of three is recommended.After you have created your mission statement and formed your board, you will need to file articles of incorporation and draft bylaws.The articles of incorporationare the official notice to your state's agency that you intend to raise funds and operate as a non-profit organization. Filing the articles of incorporation will designate your organization as a tax exempt organization and grant your organization other legal considerations. Bylaws are the rules that govern your organization. Bylaws also determine frequency of board meetings andmandatoryfundraisingactivities.The last step is to hire your employees and register with your state's bureau of charities. Once these steps are completed, your organization is free to start fundraising and operating as a non-profit organization.Starting a non-profit organization may seem like a daunting task, but it doesn't have to be. With proper planning, knowledge and determination, your non-profit organization can be well onits way to making a difference in your community


Who are Americas angel?

America's Angel is a non profit organization designed "To establish the well being of America's Children as our Nation's 1st priority by ensuring their birthright to be safe and nurtured in their own homes and homeland."


Can i collect unemployment from a non profit organization?

This depends on several factors. 1) Whether you were paid wages; 2) Whether the organization paid into the state's unemployment fund through payroll taxes; 3) Whether the reason you were fired was through your own fault or not, etc.


Where is relevant information on united cerebral palsy?

"United cerebral palsy is a large, multinational non profit organization devoted to cerebral palsy education and advocacy. The most relevant information of the company is their own website."


What is the requirement to own a Nike franchise?

what is the requirement to own a Nike franchise?