Tooltips Archive - الصفحة 19 من 32 - The Franchise Trainer
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ديسمبر 21, 2019
Franchisor Company

The company which grants the right to use the tradename and marks, the business systems and knowhow and the right to sell proprietary products and services to another corporation or individual to establish and operate the business in a separate location or territory.

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ديسمبر 21, 2019
Franchising is a Father & Son Relationship™

A symbolic presentation authored by Sary Hamway, comparing the relationship between a franchisor and a franchisee with the relationship between a father and a son.

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ديسمبر 21, 2019
Franchisee

A person or company who obtained the franchise rights of a brand and who paid the franchisor for rights to use the business systems and knowhow required to establish and operate the business.

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ديسمبر 21, 2019
Franchisee Validation

A process by which prospective franchisees interview past and current franchisees to obtain unbiased views about the quality and attributes of the franchise system of a franchisor.

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ديسمبر 21, 2019
Franchisee Training Program

The detailed and timely classroom and on-the-job initial and ongoing managerial and operational training provided by the franchisor to the franchisee(s), using proprietary training tools, specimen, and documentation to qualify them and their key executives to establish and operate the business successfully and profitably.

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ديسمبر 21, 2019
Franchisee Application

An initial registration form to be filled by the prospective franchisee to provide important information on his business background, related experience, and knowledge, in addition to an indication of the amount to be invested in the franchise business. Requesting financial statements or personal information about the prospective franchisee at an early stage are unacceptable in […]

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ديسمبر 21, 2019
Franchisee Advisory Council

A group of franchisees who meet with the franchisor to discuss company policy and operational issues

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ديسمبر 21, 2019
Franchised Chain

A series of corporate owned and/or franchised units which operate under the same name brand name and follow established operating procedures in offering and selling of products and services.

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ديسمبر 21, 2019
Franchise-ability

The measurement of a business operational and managerial capabilities in developing and supporting a successful franchise model.

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ديسمبر 21, 2019
Franchise Terms and Conditions or Proposal

The commercial and legal terms for granting a franchise business to a franchisee and includes obligations of both parties, initial and ongoing support and training to franchisees, investment levels and franchise fees and royalties.

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