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A master franchise is a franchise relationship in which the owner of the franchise brand (the master franchisor) grants to another party the right to recruit new franchisees in a specific area. In exchange, the other party typically pays some price as well as agreeing to take on some or all of the responsibility to train and support new ...
A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.
A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule . [ 1 ]
In addition, articles dictate the form and content of the franchise agreement and define the documents that must be made available 30 days prior to execution. The franchisor must disclose: a) A summary of the franchise activities and operations, b) A list of franchisees currently operating in the franchise system in Italy,
A&W (Canada) A&W Restaurants, fast food; AAMCO Transmissions, automotive; Aaron's, Inc., furniture rental Ace Hardware; AC Hotels; Advantage Rent a Car, rental; cars Aladdin's Eatery
The Oral Care franchise includes the LISTERINE ® and REACH ® oral care lines of products. The Wound Care franchi se includes BAND-AID ® brand adhesive bandages and PURELL ® instant hand sanitizer products. Major brands in the Women’s Health franchise are the CAREFREE ® Pantiliners; STAYFREE sanitary protection products; and Vania Expansion
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Social franchising is the application of the principles of commercial franchising to promote social benefit rather than private profit. In the first sense, it refers to a contractual relationship wherein an independent coordinating organization (usually a non-governmental organization, but occasionally a governmental body or private company [2]) offers individual independent operators the ...