http://franchisetalk.net/2008/06/10/key-business-franchising-contract-terms/ Franchising News For Entrepreneurs Fri, 09 Jan 2009 13:00:40 +0000 http://wordpress.org/?v=2.7 hourly 1 http://franchisetalk.net/2008/06/10/key-business-franchising-contract-terms/comment-page-1/#comment-18545 Coffee Franchises Thu, 12 Jun 2008 17:22:21 +0000 http://franchisetalk.net/2008/06/10/key-business-franchising-contract-terms/#comment-18545 Another important aspect to consider in these contracts is the level of support provided by the franchisor. Make sure details are spelled out as much as possible and not left to interpretation. For example, it is not uncommon for franchisors to specify contributions to a "marketing fund" that you have absolutely no influence or control over. They may use it on a national scale and the effect on your business will be minimal at best. So in actuality, you are building the franchisor's business! Another important aspect to consider in these contracts is the level of support provided by the franchisor. Make sure details are spelled out as much as possible and not left to interpretation. For example, it is not uncommon for franchisors to specify contributions to a “marketing fund” that you have absolutely no influence or control over. They may use it on a national scale and the effect on your business will be minimal at best. So in actuality, you are building the franchisor’s business!

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