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Topic: Business
Number of pages / Number of words: 5 / 1319
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If both sides failed to support each other, neither of them would likely to be unsuccessful.

When a franchisee buys the rights to operate under franchisor's name, an initial fee is occurred. The initial fee will be used for training and assisting to launch the business and then franchisor and franchisee will be sharing the success story...


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The initial fee will be used for training and assisting to launch the business and then franchisor and franchisee will be sharing the success story. There will also be a fee for management services by the percentage of profit or gain from supplied goods.

This close interaction between two parties is an important factor to franchising...


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