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1 - What is a franchise? 2 - Why a Franchise and not an isolated store? 3 - Kinds of Franchise 4 - Competitive Advantages. 5 - Cost and Way of Payment of a Franchise. 6 - What does the Franchise Packet offer? 7 - Time for Return of Investment 8 - Pilot Stores Experience. 9 - Characteristics of the place needed for the Point of Sales. 10 - How much time is needed to fit out the place? 11 - Feaures needed of the Candidate to be franchised. 12 - Requirements. 13 - Negotiation Process. 14 - Franchise Contract. 15 - Franchise request |
Franchise Contract The concession of an Axum Franchise is made in two stages, In the first one, the works of equipment and decoration of the place are made where the obligations of both the franchisee and franchised are established through the contract Option to Franchise, and in the second stage it is established the way how the commercial management has to be carried out, which agreed in the Franchise Contract. Contract of Option of Franchise As we said before, a good and a productive franchise must be based on trust and mutual cooperation, however, the responsibilities of every one must be well defined through a document that in this case would be Contract "Option of Franchise"; in this contract is defined: · The cost of the franchise. · The content of the franchise packet. · How you pay the franchise. · Date of beginning of the works and date of inauguration. · Responsibilities and duties of the franchised and franchisee for the opening of the store. So, the contract of option of franchise has to be signed by both parts (franchised and franchisee) once the first (franchised) has decided to get the franchise, and the second (the franchisee) has approved the franchise request asked by the franchised. Franchise Contract We can say that a franchise is not given until both parts have not fulfilled satisfactorily the agreement established in the contract Option of Franchise indicated before, it means that the franchise contract is signed after both parts fulfil the obligations established in the first step: Contract Option of Franchise. In the franchise contract is established the following: · Rules to manage the point of selling. · Way of payment of the supplies (merchandise). · The aspects that have to be followed related to publicity and merchandise. · The respect to the corporate image. · The "no" competence. · The territorial exclusivity for the exploitation of the product. · Duration of the Franchise Contract. · And all the aspects related to the operative informative established in the net.
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