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The word franchise is of Anglo-French derivation—from franc, meaning 'free'—and is used both as a noun and as a (transitive) verb. [2] For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth ...
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 ]
A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, ...
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.
The free seminars offered individuals in underserved communities basic tax information and budget-planning resources. For example, each attendee received free access to the Jackson Hewitt Money Manager, a Web-based home budgeting tool that helps users create and manage a budget and a detailed savings plan.
Some coffeehouse chains operate on a franchise business model, with numerous branches across various countries around the world. While café may refer to a coffeehouse, the term "café" can also refer to a diner , British café (also colloquially called a "caff"), " greasy spoon " (a small and inexpensive restaurant), transport café , teahouse ...
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