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Showing posts from August, 2013

Tips to build a franchise business

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Franchise logo .  Image: portal.plazaid.com Do you have a dream to become a successful entrepreneur? Perhaps you have a promising business, but you have limited capital to grow the business. Franchise or partnership is a solution to the problem. You can build your own a franchise business or buy a franchise of the famous from abroad or from your own country. However, before entering into a franchise business, then you need to pay close attention at some of the following aspects: First thing: if you want to start a business by choosing to buy the franchise system (partnership) then you have to learn all aspects of franchise offers provided by the franchisor (original owner of a franchise companies). Some of the main aspects of any collaboration or partnership are legal aspect (franchise agreement), the aspect of the distribution of profits (royalties, franchise fees), the term of the franchise, the exclusive rights and other aspects that you need to learn with a legal advi...