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Ending of the franchise agreement prior to its expiry date by a joint decision by the franchisor and the franchisee which does not relief the franchisee from fulfilling his post-termination obligations to cease using the franchisor’s trade name and marks and business systems.
A popular buzz word used in franchising to promote the possibility of owning and operating a business rather than being employed by others.
A popular catchphrase in franchising and means that the franchisee enjoys all the rewards of managing his own business, while being in a network of franchisees supported by the franchisor, leading to an increased opportunity for success.
A financial services provider in the Sultanate of Oman providing corporate banking, retail banking, investment banking, treasury, private banking, and asset management and supporting SMEs and entrepreneurship.
The term business-to-consumer or (B2C) refers to the process of selling products and services directly to the end-users.
Shorthand for “business to business.” refers to products and/or services offered to other businesses rather than to individual or end consumers.
(AWBC) Located in Washington, D.C., the United States, AWBC works to secure economic justice and entrepreneurial opportunities for women by supporting and sustaining a national network of over 100 Women’s Business Centers.
The right by which a franchisee sells or transfers all or parts of the ownership rights in the franchise agreement, the franchised unit, and/or interest in the legal entity that owns the franchise.
(APFC) formed on 1998, APFC is a non-political association of the national franchise associations around Asia Pacific region to establish better communication channels among its members and share experience, information, and technical “know-how” on franchising.
A study conducted by the franchisor to divide an area or city into protected trading areas for corporate stores and single unit franchised stores based on various market conditions that allow for sufficient business for each of the stores. The store trading area can be defined by several methods including a specific radius from the […]
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