Tooltips Archive - Page 15 of 32 - The Franchise Trainer

December 21, 2019

Launch Support

Managerial, operational, technical, and marketing support and training provided by the franchisor to its franchisees prior to and during the time of launching the business in a new market.

December 21, 2019

Korean (South) Franchise Association

(KFA) Established in February 1998, KFA supports its members and domestic franchise industry in general helps South Korean companies expand to international markets.

December 21, 2019

Knowledge and Human Development Authority

(KHDA) is responsible for the growth and quality of private education in Dubai through supporting schools, universities, parents, students, educators, investors, government partners and providers of technical and vocational education and training (TVET), to create a high quality education sector focused on happiness and wellbeing.

December 21, 2019

Know-How

The accumulated experience developed by the franchisor including the comprehensive methods, techniques, processes, procedures and applications of management and operation, job and product knowledge, trade secrets, secret formulas and ingredients, quality control and assurance programs, specifications of equipment and store/unit décor and fittings, training programs and aids, sources of supplies, production, annual, launch and local- […]

December 21, 2019

Khalifa Fund

Established in 2007, Khalifa Fund is an independent, not-for-profit SME and socio-economic development agency with the purpose of supporting and developing small to medium-sized investments through empowering the entrepreneurial culture and encouraging innovation and sustainable growth of Emirati SMEs.

December 21, 2019

Judicial Termination

Ending of the franchise agreement prior to its expiry date by a court order due to non-compliance by the franchisee to correct a grave breach of the agreement or to cease operating the business after a unilateral termination by the franchisor.

December 21, 2019

Joint Venture Agreement

Where a foreign franchisor enters into an agreement with a local business entity, investor, or government entity, for the purpose of establishing and developing that franchise system.

December 21, 2019

Job Knowledge

Ability of the staff to demonstrate job technical knowledge and skills in the day-to-day management and operation of a franchise business.

December 21, 2019

Job Franchise

A franchise model involving a lower level of financial investment, where typically a self-employed one-man operation, ‘one-man-and-his-van’ or a vehicle-based service usually in areas like repair & maintenance, installation, cleaning, and automotive services.

December 21, 2019