What is a franchise / franchising?
Franchising is looking to achieve a “partnership for profit” i.e. the aim is that both the franchise head office and its partner-run businesses benefit from the cooperation work carried out between each other so that they all enjoy success on the market.
How does franchising differ from other forms of distribution?
When evaluating a franchise agreement it is important to first establish whether the aim and contents are really to do with franchising. » Read more
What does a ‘franchise offer’ comprise of?
Franchise systems are as a rule only successful if their system is based on an integral concept as far as management, information and working the market are concerned. » Read more
What franchising fees are paid by franchisees?
Franchising involves a number of different fees which, for the most part, complement each other. » Read more
Which Types of Franchising Contracts can be found?
The European Commission differentiated between three types of franchising contracts which can also be found in a mixed form or be subdivided. » Read more
What are the primary reasons for franchising being such a success?
Priority in franchising is put on the use of a wide range of synergies that result from the standardization of company functions and the allocation of tasks among the partners. » Read more
Franchise Definition by the European Franchise Federation (EFF)
Franchising is a system of marketing goods and/or services and/or technology, which is based upon a close and ongoing collaboration between legally and financially separate and independent undertakings » Read more
What is a franchise / franchising?
A franchise / franchising is seen as a method of selling products and/or services in which a business idea is passed on to an independent entrepreneur through the granting of a licence. » Read more
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