Tooltips Archive - Page 25 of 32 - The Franchise Trainer
Domestic Franchising

A franchisor grants single, multiple or area development franchise rights to franchisees within the boundaries of its home country.

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Dispute Resolution

A process of arbitration or mediation resolving disputes between the franchisor and the franchisee.

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Discrimination

Managerial and financial segregation between franchisees of similar positions which is prohibited by law in some countries.

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Disclosure

Important information prepared in the form of franchise disclosure document (FDD) regarding the franchisor company background, business experience, key executives, litigation history, list of franchised units, franchisor obligations, support and training to franchisees and company financial status and stability.

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Disclaimer

A disclaimer is a statement provided by the franchisor to the franchisee and intended to specify or delimit the its responsibilities in situations that involve some level of uncertainty, waiver, or risk of providing certain operational information or financial data to the franchisee.

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Direct Franchising

The franchisor grants franchise rights and provides on-going support directly to franchisees usually operating in the same country/region.

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Development Rights

The rights obtained by the franchisee from the franchisor to develop several units in a specific geographical area over an agreed period.

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Development Agent

A franchise format where the franchisee operates the business in a similar manner as conducted by the franchisor and takes the responsibilities of the franchisor in expanding the business and supporting sub-franchisees in the market area.

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Development Agency for Small, Medium and Small Enterprises

(MSME Egypt)/(Mashare’e Misr): Established in 2017, MSME is the body responsible for the development of small, medium and small enterprises and entrepreneurship in Egypt, either directly or through the coordination of the efforts of all parties and associations and initiatives working in the field of these projects, or through the establishment or contribution of companies.

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Deutscher Franchiseverband

(DFV) With around 300 members, the German Franchise Association is the umbrella organization for the German franchise economy, protecting the interests of all parties involved in franchising on an economic, political and social levels, connecting all those who are interested to become involved in franchises, and promoting awareness and a positive public image of franchising.

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