Tooltips Archive - The Franchise Trainer
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April 20, 2020
Blue Ocean

A term coined by W. Chan Kim & Renée Mauborgne who are economists, business theorists and a professors of strategic management and co-directors of the INSEAD Blue Ocean Strategy Institute in Fontainebleau, France. Blue Oceans mean unexplored high potential businesses/markets that are unblemished by competition, whilst Red Oceans mean businesses/markets where severe cutthroat competition exists […]

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April 20, 2020
Red Oceans

Mean businesses/markets where severe cutthroat competition exists which turns the ocean gory and bloody.

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April 18, 2020
The Don of Franchising

Sary M. Hamway a senior franchise trainer and consultant with more than 28 years of experience in the field, who is recognized as the foremost authority of franchising in the Middle East.

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December 21, 2019
Zor

An abbreviation stands for a franchisor.

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December 21, 2019
Zee

An abbreviation stands for a franchisee.

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December 21, 2019
Working Capital

The required funds to cover the expenses related to the day-to-day operations of the franchised business.

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December 21, 2019
Women Owned Business

Female business owners where they are legally holding 51% or more of the shares of the business and the greater part of control in the day-to-day operations, where some governments offer special programs to encourage and empower female business owners, subject to investigating the legal and ownership structure and control of the business.

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December 21, 2019
Withholding Tax

Taxes levied by some governments on franchise fees and royalties paid by a franchisee to an international franchisor located outside the host country.

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December 21, 2019
Wholly-Owned Subsidiary

Where a foreign franchisor establishes a wholly owned corporate subsidiary in a host country to grant franchise rights directly to local franchisees and provides on-going training and support.

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December 21, 2019
White-Collar Franchise

A franchise format where the franchisee runs her/his own office-based service franchise business, generally related to areas such as accountancy & financial services, business services, communication & public relation, education & coaching, consultancy, computer and website development, diet & weight management, where expensive premises are not essential because work tends to be taken to clients’ […]

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