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Crystal Clear proved to be successful utilizing reverse osmosis for water purification. It began expanding as a water refilling station franchise in 1997 and grew to be the second most extensive water refilling station network in the Philippines. [3] Growing to over 2,500 franchise stores and expanding to reach other markets in Indonesia and ...
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 bottled water refill station in a Canadian grocery store. In Canada, bottled water must meet the standards in the Food and Drugs Act & Regulations (FDAR) as it is considered a food. The FDAR works in partnership with Health Canada and Canadian in developing the policies regarding bottled water.
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A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
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The first iteration of the LTFRB was established on November 17, 1902, through the passing of Act No. 520. [2] The commission is in charge of classifying vessels, merchandise, and passengers in with reference to transportation under the coastwise trade, and fixing the maximum rates to be imposed on the vessels and merchandise of different classes, and people that are being moved from one point ...
The franchise rule defines acts or practices that are unfair or deceptive in the franchise industry in the United States. The franchise rule is published by the Federal Trade Commission . The franchise rule seeks to facilitate informed decisions and to prevent deception in the sale of franchises by requiring franchisors to provide prospective ...