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Written by:
Tristan C
Date added:
November 27, 2013
Level:
University
Grade:
B
No of pages / words:
2 / 469
Was viewed:
2737 times
Rating of current essay:
Essay content:
When you open a franchise, you own the business and its infrastructure along with the right to use the franchising company’s brand, trademarks, and promotional materials. In most cases you also own the exclusive rights to sell the product in your franchise area.
In return for these rights, the franchisee (you) agree to pay an upfront fee to the franchising company...
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This fee can is usually significant and covers a variety services that are provided to you by the franchising company. There is often also an ongoing franchise fee that is paid on a monthly, quarterly, or annual basis.
What is a business opportunity?
A business opportunity is not nearly as structured or clearly defined as a franchise...
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