The concept of franchising and conditions
Franchising - a way of organizing business, where the company owner (franchisor) transfers an independent businessman or company (franchisee) the right to sell the goods and services of the company in exchange for a commitment to the franchisee to sell these goods or services:
- compliance with certain quality characteristics;
- using the resulting technologies;
- developed by the scheme;
- in a clearly arranged place;
- under a certain trademark.
In exchange for a one-time payment of deductibles and monthly payments (royalties), franchisee receives a fairly well-known trade mark, time-tested method of doing business and a whole package of technologies and know-how