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The answer is between the following answers:

Most franchisers are located near the franchisee.

The franchisees are technically employees of the franchiser.

The franchisee is bound by the terms the franchise contract.

The franchisee is completely dependent on the franchiser for funding.

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What it meant by frichising?

Franchising is a business model where a franchisor grants a franchisee the rights to operate a business using its brand, products, and operational systems in exchange for fees and royalties. This arrangement allows franchisees to leverage an established brand's reputation and support while maintaining some level of independence. It enables rapid business expansion for the franchisor with reduced financial risk, as franchisees invest their own capital. Overall, franchising creates a mutually beneficial relationship between the two parties.


Why do small business owners franchise?

Small business owners franchise to expand their brand and reach new markets with reduced financial risk. Franchising allows them to leverage the investment and efforts of franchisees, who bring in capital and local expertise. This model can lead to faster growth, increased brand recognition, and a more extensive customer base while maintaining a level of operational control through established guidelines. Additionally, franchising can generate ongoing revenue through franchise fees and royalties.


Why did the sotz company go out of business?

EPA idiotic regulations.. Their catalytic combustor for wood stoves reduced particulate emissions greatly. It used platinum in the process. EPA thought it was a pollutant. We're from the government, we're here to help you. Mr Sotz said, I'm outta here.


Is the saddler a job that has dissapeared today?

The amount of saddlers has been greatly reduced but there are still saddlers around as saddles are still needed anywhere horses are ridden


What is the disadvantage of franchising for the one-unit franchisee?

When comparing "single unit franchisees" (i.e., a franchisee operating only one franchise location) to "multi-unit franchisees" (i.e., a franchisee operating more than one franchised location) one "disadvantage" of being a "single unit franchisee" (as compared to a multi-unit franchisee) is the fact that there will be a reduced opportunity for achieving additional profits resulting from the "economies of scale" typically experienced by successful multi-unit franchisees. That is, for the experienced and competent multi-unit franchisee there are certain cost savings and efficiencies generated through the efficient management of multiple locations. In terms of negotiating the terms of the franchise agreement (and your rights as a franchisee) as a "multi-unit" franchisee you may possess more bargaining power as compared to a franchisee purchasing a single unit. An additional benefit of multi-unit franchising may also relate to the additional protections that you may be afforded in the "protected territory" that may be negotiated and included in your franchise agreement. For example, multi-unit franchisees may possess the advantage of controlling a defined geographic territory and, thereby, minimize competing franchisees from within the same franchise system.

Related Questions

What it meant by frichising?

Franchising is a business model where a franchisor grants a franchisee the rights to operate a business using its brand, products, and operational systems in exchange for fees and royalties. This arrangement allows franchisees to leverage an established brand's reputation and support while maintaining some level of independence. It enables rapid business expansion for the franchisor with reduced financial risk, as franchisees invest their own capital. Overall, franchising creates a mutually beneficial relationship between the two parties.


How does buying equipment for cash affect which accounts?

Sometimes business equipment can be bought for cash at a greatly reduced price. This helps keep expenses down in a business if less money is going out for equipment.


What was the African elephant greatly reduced by?

Guns


What is the pill called to stop women getting pregnant?

Birth control pill is a general name for a group of medications that can greatly reduce the chances of a woman getting pregnant. There is still a chance of getting pregnant, but it is greatly reduced.


Ford's assembly-line production greatly reduced cost per unit?

REDUCED


Why do small business owners franchise?

Small business owners franchise to expand their brand and reach new markets with reduced financial risk. Franchising allows them to leverage the investment and efforts of franchisees, who bring in capital and local expertise. This model can lead to faster growth, increased brand recognition, and a more extensive customer base while maintaining a level of operational control through established guidelines. Additionally, franchising can generate ongoing revenue through franchise fees and royalties.


What homologous structure that is greatly reduced to size?

Vestigial Organs


Is the volume of substance the same before and after a fire?

no the volume can be greatly reduced


What period is greatly reduced activity during cold months?

hibernation


Which requirement for plant growth would be greatly reduced after such an eruption?

Oxygen


Homologous structure that is greatly reduced in size?

The pelvic bones in modern whales are an example of a homologous structure that has become greatly reduced in size. These bones are a remnant of the pelvis found in the common ancestor of whales and other mammals, but their size and function have been greatly reduced due to evolution and the adaptation of whales to an aquatic lifestyle.


What are the fossil fuels found in Pennsylvania?

Oil and Coal but in greatly reduced quantitis.