alex Wattermann

Article

Franchising

First of all, let us define – what is a franchise? A franchise is an agreement between the franchisor and the franchisee, where the franchisor sells the right to sell the product or service. Everything to start and continue a business is provided by franchisor, in the case of Ralph Emerson this includes: financing of initial inventory and all required fixtures for ten years. Franchisor provides the buyer with the product (tobacco, pipe, cigars), trade name (Pipe Dreams), op

March 5, 2007