Major Franchise Types ? Home Based Franchising Note however, that a dealership can become a Franchise IF a FEE is paid to the franchisor AND the distributor is dependent upon the franchisor’s pay structure. ?Your Banker should have access to the Dunn and Bradstreet Report on the particular Franchisor. There is a continual rise in the number of franchises. Presently, Shawn [...] Dealers buy products usually from the manufacturer at wholesale prices. Affiliate Franchising This type of set up is typically used by an owner of an established business who decides to join/affiliate with a franchised chain. Further, they perform regular interviews with both franchisees as well as with franchisors. By law, each of the above must be provided at least 2 weeks prior to buy date. To receive our weekly Ezine, send a blank email to: subscribe@ownabiztoday.com RSS: http://www.ownabiztoday.com/ownabiztoday.xml Bridging the GAP between Opportunity and Success, OwnABizToday (http://www.ownabiztoday.com ) With some franchise programs, the business operates using the Franchisor’s brand name only. If you?ll need financial backing, then you will need to create a business plan. Unit Franchising Is the most simple type of franchise in which the Franchisor grants the franchisee the right to operate a single operation at a specified location or within a particular territory. You are responsible for payment whether your business is profitable or not. (Common with International franchising) ?
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12-30-2011