Kenneth
F. Darrow, P.A.
Towers Of Dadeland
8440 South Dixie Highway #901
Miami, Florida 33143
Telephone - 305 670-8200
Fax - 305 677-2619
Email – KFDarrow@aol.com |
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f ran·chise
(fran'chiz') |
| The term franchise refers to a type of business in
which an entity or an individual receives a license
to conduct a commercial enterprise. Franchises enable
a franchisee to market a well-known product or service
in return for an initial fee and an on-going payment.
The franchisor usually provides assistance with management,
merchandising and advertising. Major franchise networks,
which have grown rapidly in the United States since
the 1960s, include fast-food restaurants, gasoline stations,
motels, automobile dealerships, and real-estate agencies,
with the concept expanding into many other fields. |
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| You may find these sites helpful as you explore
the area of franchising. |
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| American Bar Association Forum on
Franchising
The lawyers' organization devoted to
franchising.
www.abanet.org/forums/franchising
International Franchise Association
The trade association serving the franchise
industry.
www.franchise.org
Small Business Administration
The U. S. government agency that makes loans
to start-up businesses, including franchises.
www.sba.gov
Federal Trade Commission
The U.S. government agency that regulates franchising.
http://www.ftc.gov/
North American Securities Administrators
Association
The organization of state administrators for
states that regulate franchising.
www.NASAA.org
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