Tooltips Archive - Page 26 of 32 - The Franchise Trainer
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December 19, 2019
Designated Supplier or Vendor

Exclusive supplier/vendor of the franchisor’s proprietary products and/or services used in the franchisee business.

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December 19, 2019
Demographics

Statistical information based on factors such as population growth rate, age structure and median age, sex ratio, ethnic groups, cultural overview, and Gross Domestic Product (GDP), Human Development Index (HDI).

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December 19, 2019
Decoding Your Franchise Gene™

A metaphoric presentation authored by Sary Hamway and presented in franchise seminars worldwide to encourage entrepreneurs to explore franchising as a means for starting a business.

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December 19, 2019
Country Development Franchise Rights

The rights granted by the franchisor to the franchisee to establish and operate the business, utilize the intellectual property rights, make use of the accumulated know-how and to offer the products and services at its fully owned franchised units in a specific country.

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December 19, 2019
Country Development Fees

The initial franchise fees paid by the country developer to the franchisor for the rights to; use the intellectual property rights owned and protected by the franchisor, to use the expertise and know-how and to obtain the rights to sell the products and services and to establish the franchisor’s successful franchise business in a specific […]

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December 19, 2019
Council of Saudi Chambers

(CSC) The official federation for the Saudi chambers which works to enhance and supports the private sector’s role in the development of the national economy with a focus on SMEs and entrepreneurship.

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December 19, 2019
Copyrights

The exclusive right to use works of authorship or literature reflecting the franchisor know-how, inventions, formulae, confidential and secret processes whether in in digital or printed format.

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December 19, 2019
Cool-off Period

An agreed period of time, usually (10 working days) during which the franchisor is mandated by law in some countries to provide the prospective franchisee with disclosure documents and copy of the franchise agreement before the official execution of the agreement to allow prospective franchisee to investigate the opportunity before taking the decision to invest […]

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December 19, 2019
Conversion Franchising

When a franchisee already operates a business in the same line of business as the franchisor, but wishes to improve or expand by adding the benefits of the franchisor’s managerial and operational knowledge, and experience, and competitive advantages and marketing power.

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December 19, 2019
Confidential Information

Means any information disclosed to the franchisee and its affiliates (whether in writing, verbally, electronically or by any other means and whether directly or indirectly) by the franchisor or by any of its affiliate or any other third party on franchisor’s behalf including any information relating to franchisor’s products, operations, processes, plans, know-how, design rights, […]

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