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A business franchise is defined as?

A business franchise is a system in which a business operates when private entrepreneurs are given the right to purchase a single location of a larger company. The entrepreneur is then provided with the ability to operate and run the location of this company based on the rules and regulations put in place by the larger company.


In return for a fee to a franchiser a business owner receives the right to .?

In return for a fee to a franchiser, a business owner receives the right to operate a business using the franchiser's established brand, business model, and support systems. This typically includes access to marketing materials, training programs, and ongoing operational assistance. Additionally, the franchisee benefits from the franchiser's reputation and customer loyalty, which can lead to a higher likelihood of success compared to starting an independent business.


The difference between incorporated and unincorporated business?

The term incorporated refers to the process companies go through to become a separate legal entity from the owner/s. This means the business exists in its own right, its own legal entity. Regardless of what happens to individual owners (shareholders) of the company, the business continues to operate. The business has taken on a life of its own.An unincorporated business is a sole trader or partnership where the business entity and the owner are one and the same. When the owner dies then so too does the business entity.


What type of organisation is set up 'under licence' to use an established business name?

An organization set up "under license" to use an established business name is typically a franchise. In a franchise arrangement, the franchisee pays fees and royalties to the franchisor in exchange for the right to operate under the franchisor's brand and business model. This allows the franchisee to benefit from the established reputation and support of the franchisor while running their own business.


Seller's Permit?

A seller's permit gives a business owner the right to collect sales tax on retail products or services sold inside the state in which it was issued. Periodically, they are obligated to forward this tax onward to the state. People with more than one business need to register each one with its own seller's permit.

Related Questions

A government issued right to operate a business is a?

A business license. In most jurisdictions, in order to operate a business of any kind, you are required to obtain a business license from your local authority (commonly, the city or county government).


What is chartering corporations?

A license granted by the state that gives the business the right to operate.


Where do I apply for a government grant for a small business?

You can apply right here http://www.grants.gov/. Run by the us government.


Is there a Right of Rescission law in Delaware?

There is a right of rescission law in Delaware. It allows a loan to be rescinded one business day after loan proceeds are issued to the title borrower.


What is a chartered corporation?

A license granted by the state that gives the business the right to operate.


What are the Importance of manpower development in the business processes?

Manpower development is important for businesses to operate efficiently. Manpower development ensures that a business has the right number of people employed in the positions which they are best suited for.


Define free enterprise?

Free enterprise is a business right. This right allows a business to compete for profits with limited regulation by the government.


Who issued the poster at right?

the allies


A business franchise is defined as?

A business franchise is a system in which a business operates when private entrepreneurs are given the right to purchase a single location of a larger company. The entrepreneur is then provided with the ability to operate and run the location of this company based on the rules and regulations put in place by the larger company.


In return for a fee to a franchiser a business owner receives the right to .?

In return for a fee to a franchiser, a business owner receives the right to operate a business using the franchiser's established brand, business model, and support systems. This typically includes access to marketing materials, training programs, and ongoing operational assistance. Additionally, the franchisee benefits from the franchiser's reputation and customer loyalty, which can lead to a higher likelihood of success compared to starting an independent business.


Where do I find a virtual phone system that can benefit my company?

Speak with your internet provider about VOIP. You will be able to operate your business from the computer right infront of you, also including your entire phone system.


What economic system does the U.S. use?

Free Enterprise It is not Capitalism A Free Enterprise System is when you have the right to run a business to make a profit with limited interference from the government.