Tooltips Archive - الصفحة 12 من 32 - The Franchise Trainer
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ديسمبر 21, 2019
Net worth

Net worth is a significant measure of wealth and financial position of the franchisor company or the prospective franchisee being a corporation or an individual and identified by calculating the difference between assets and liabilities of the party concerned.

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ديسمبر 21, 2019
National Fund for Small and Medium Enterprise (SME) Development (Kuwait)

Established in 2013, with a total capital of KD 2 billion, the SME Fund is an independent public corporation that finances up to 80 percent of capital for feasible small and medium projects submitted by Kuwaiti nationals in an effort to help the country make a major stride in supporting the youth, combating unemployment, and […]

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ديسمبر 21, 2019
National Alliance of Franchisees

(NAF) Established 1977 and headquartered in Washington, D.C., NAF is a national coalition representing and protecting the interests and rights of franchisees.

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ديسمبر 21, 2019
Nano Franchising™

A term coined by Sary Hamway for building the commercial foundation, logistical infrastructure, and marketing systems for sheltering and incubating vocational franchise opportunities that benefit the vulnerable groups in society, including the elderly, the disabled, at-risk youth, women and families, individuals under rehabilitation, minorities, and the displaced to teach them a craft or handiwork and […]

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ديسمبر 21, 2019
Mutual Evaluation

A stage prior to signing of the franchise agreement where the franchisor and the franchisee undertake an assessment and examination of each other business background and capabilities to jointly decide if it is reciprocally advantageous to move ahead and sign a franchise agreement and commit to a long term mutual success.

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ديسمبر 21, 2019
Multi-Unit Franchising

Where the franchisee is given the right to establish two or more franchised locations.

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ديسمبر 21, 2019
Multi-Level Marketing

(MLM) Also called pyramid selling is a product distribution strategy for the sale of products and/or services where revenues are generated from non-employed staff remunerated through commissions. In franchising, pyramid selling is considered illegal when a franchisee makes profit by the sale of sub-franchises and not from the sale of the franchisor’s product and services.

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ديسمبر 21, 2019
Multi-Brand Franchising

A franchisor grants the rights to a franchisee to establish and operate several brands in a specific area or territory.

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ديسمبر 21, 2019
Movie Franchise

A series of consecutive movies which share similar fictional plots about a particular script, roles, characters, or superheroes, usually performed by the same cast of performers.

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ديسمبر 21, 2019
Ministry of Micro, Small and Medium Enterprises (India)

(M/o MSME) The apex body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India.

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