The franchisor is able to retain the value associated with the Trademark and does not have to bear the cost of building and running a distribution system. The franchisee is able to obtain a successful business module and the benefits of an established business.
>>>An understanding of standard franchise contracts, state registrations and federal and state franchising rules are a must. It would be advisable to involve a franchise lawyer at this point. Have you set up operational standards?
>>>So, first time investors, ask yourself the ultimate question before you commit to a franchised business, 'Is Franchising for You?'The first question before committing to a franchise is to know what franchise to pick.
>>>On one end of the spectrum, franchises can be grown as locally, as in a city or as an international brand. Knowing the market, you intend to grow in, is paramount. Growth of your business should be natural or else it will get surprisingly difficult to support your franchise.
>>>Recently AAMCO Franchise has shown up on many top 10 lists in the US.Hyatt Hotels & Resorts: Hyatt has been franchising since 1957. With a capital of $139K-188K. you can buy into a Hyatt franchise. The company has an international reputation and offers more than hotels and resorts.
>>>Baskin Robbins: The world-famous ice cream brand has been franchising since 1967. The minimum capital required to start a franchise is just $20K. The company will help finance the remaining $125-250K. The company is known to innovate regularly and is an international brand.
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