MOORE 04-22-02 FRANCHISING: A franchise, by definition is a in force(p) agreement that allows one organization with a product, idea, name or trademark to grant certain remunerates and information about disembowel a commerce to an independent line of products owner. In return, the business owner (franchise e) pays a pay and royalties to the owner. This one-time topple paid by the franchisee to the franchisor is referred to as a franchise fee. The fee pays for the business concept, rights to heart and soul abuse trademarks, management assistance and other services from the franchisor. This fee gives the franchisee the right to open and operate a business utilize the franchisor’s business ideas and products. A royalty fee is a sustained fee paid by the franchisee to the franchisor. The royalty fee is normally a percentage of the gross revenue take in by the franchisee. The Federal Trade Commission (...If you want to have got a full essay, order it on our website: BestEssayCheap.com
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