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Legal
Franchise Broker vs. Franchise Consultant
Franchise Legal & Compliance
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Franchisee Info
Dec 12
Franchise BrokerA franchise broker acts as a matchmaker between prospective franchisees and franch
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Franchise Registration / Registration States
Franchise Legal & Compliance
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Franchisee Info
Dec 12
What Franchise Registration IsCertain U.S. states require franchisors to register their FDD and ot
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Joint Employer
Franchise Legal & Compliance
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Franchisee Info
Dec 12
What Joint Employer MeansThe joint employer doctrine is a legal concept where a franchisor can be
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Discovery Day
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Discovery Day IsDiscovery Day is an event hosted by a franchisor for prospective franchisees
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Site Selection
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Site Selection IsSite selection is the process of finding the best location for a new franchi
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Due Diligence
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Due Diligence IsDue diligence is the comprehensive investigation of a franchise opportunity b
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Validation
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Validation MeansValidation is the process of speaking with current franchisees to understand
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Exclusive Territory
Franchise Ownership & Territory
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Franchisee Info
Dec 12
What an Exclusive Territory IsAn exclusive territory is a defined geographic area where the franch
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Area Developer vs. Area Representative
Franchise Ownership & Territory
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Franchisee Info
Dec 12
Area DeveloperAn area developer is a franchisee who commits to opening and operating multiple unit
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Master Franchise
Franchise Ownership & Territory
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Franchisee Info
Dec 12
What a Master Franchise IsA master franchisee is granted the rights to develop and sell franchises
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Multi-Unit Franchisee
Franchise Ownership & Territory
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Franchisee Info
Dec 12
Who a Multi-Unit Franchisee IsA multi-unit franchisee owns and operates more than one franchise lo
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ROBS – Rollovers for Business Startups
Franchise Financials
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Franchisee Info
Dec 12
What ROBS MeansROBS (Rollovers for Business Startups) is a method that allows entrepreneurs to use
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Item 19 – Financial Performance Representations
Franchise Financials
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Franchisee Info
Dec 12
What Item 19 CoversItem 19 of the FDD is where a franchisor may choose to share financial performa
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Royalty Fees
Franchise Financials
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Franchisee Info
Dec 12
What Royalty Fees AreRoyalty fees are ongoing payments made by franchisees to the franchisor, typi
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Initial Investment
Franchisee Info
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Getting Started
Dec 12
What Initial Investment MeansThe initial investment is the total estimated amount you’ll need to o
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Franchise Fee
Franchisee Info
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Getting Started
Dec 12
What the Franchise Fee IsThe franchise fee is the upfront cost paid to the franchisor when you joi
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