Filipino I

FRANCHISING ? an arrangement or a contract between devil parties; the franchisor who is the person offering the franchise and the franchisee who purchases the franchise and is operating his/her product line under the franchisors trade name and usually command by the franchisor in exchange for a fee. ? embraces many divergent forms of assembly line relationships and marketing techniques in providing and delivering products and services to consumers. ? involves proper use of management techniques and functions, marketing, distribution, financial, accounting and legal systems. ? effective and useful rule for business expansion that needs to be properly developed, canvass and planned. TYPES OF FRANCHISE OWNERSHIP: 1. SINGLE-UNIT FRANCHISE ? The most common type of franchising. It is a franchise that is directly purchased by the franchisee to the franchisor for a single business unit in one physical location. The franchisor will accordingly assess the location in order to avoid controversy among other franchisees and protect their business. The franchisee is advised to be fully hands-on in hurry his/her business and must have friendship on how the business works or have advisors in running the business. 2.

MULTI-UNIT FRANCHISE ? This type of franchising happens when the same franchisee is given or disposed(p) multiple units by the same franchisor. This units may be determined in the same geographical locations or different locations depending on the agreement of the parties. In most cases, this type of franchise is given to successful single franchisee and given discounts in the licensing fees. In virtually cases, franchisors may award multi-unit franchises to franchisees who have a competence for running multiple business units with other franchise opportunities. 3. BUYING AN real FRANCHISE ? This type of franchising happens when a franchisee purchase a franchise to another(prenominal) franchisee who is... If you want to get a full essay, order it on our website: Ordercustompaper.com

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