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What is the definition of franchise?
A franchise is a person which license forms and a franchise is a person who deals with all the profits and deals with all the difficulties with in the jod they are doing.You own and operate a well known biz but pay them a percentge for the use of the name
How are the profits of a franchise business distributed?
franchisee gets all of it, apart from a small percentage of the revenue which is paid to the franchisor on a weekly, monthly and annual basis
What are some advantages of the sole proprietorship type of business?
owner of a sole proprietorship gets to keep all profits derived from the operation. The owner may even share any portion of the profits (and losses) with another person or persons. The owner has the authority to make all the decisions
Describe the four main types of profit making business enterprise?
The four types of profit making business enterprise are sole trader, partnership savings, company loans, and franchise profits. All of these types of enterprises contribute to the finances of businesses.
What does it take to get a harbor freight franchise for lundington Michigan?
Harbor freight is not a franchise, all stores are owned by the company
What is the definition of franchise?
A franchise is a person which license forms and a franchise is a person who deals with all the profits and deals with all the difficulties with in the jod they are doing.You own and operate a well known biz but pay them a percentge for the use of the name
How does a franchiser earn money?
It depends on what you mean. For instance, if you open a Subway sandwich store, the franchisee/owner earns money by selling sandwiches and other food. The Subway corporation earns money because all of the franchise owners pay a percentage of their profits to the corporation, plus there is an up front fee for the individual to purchase the right to use the Subway name. A few years ago, it cost about $50,000 to purchase a Subway franchise, plus 1 percent of your profits.
Can you purchase a Redbox franchise?
Not currently. All redbox kiosks are corporate owned.
Comparing a franchise to employing people in my own company, what are the advantages and disadvantages?
If you franchise you will have to share the profits and you won't have total control over your company. It all depends what you are willing to give up and what you will get in return.
How are the profits of a franchise business distributed?
franchisee gets all of it, apart from a small percentage of the revenue which is paid to the franchisor on a weekly, monthly and annual basis
What does a franchise mean in business terms?
a franchise is when someone runs a business from a known retailer such as argos they keep all profit but they have to pay argos because they are using their business
How can someone purchase the franchise Its A Grind?
One can buy into the It's a Grind franchise by going directly to the It's a Grind main website and making a direct inquiry to the company. The process for acquiring a franchise is explained on the website as well as all costs needed for start-up.
How can you purchase a Joe's Crab Shack Franchise?
thinking about opening one in clarksville tn need all info prices for franshise
How can I effectively keep track of my expenses and profits?
To effectively keep track of your expenses and profits, you can use a spreadsheet or accounting software to record all transactions, categorize them accurately, and regularly review your financial statements to monitor your cash flow and profitability.
What if a corperation is nonprofit?
All non profits are corporations. All corporations are not non profits.
What can one do on the Francise Direct UK website?
The website for Franchise Direct provides you with all franchise opportunities in the UK. You can search through franchises that are for sale and start the purchase process, or you can read articles and other information regarding franchises in the area.
Is Walmart franchise?
Yes Walmart is a franchise, they have stores all across North America.
