Am I Being Granted a Franchise Or Sold a Franchised Outlet?

Most buyers of the possibility of a franchise in one form or another at a time when they actually buy a franchise, or they are renting a brand and business model for the duration of the franchise. The reason, it appears that franchise buyers did not actually buy a franchise is, essentially, because they do not buy the business at all.

Let me explain. Overall, the franchisee is a franchise, which means that they are permitted to use the franchisor's business plan, business model and brand for the duration of the franchise. At the end of the word is a franchise, the franchisee to renew the franchise agreement or pay the costs of a new party (the franchisor has approved prior to the transfer) or on foot. This is basically the situation.

Thus, a franchise or a potential buyer should be aware of before signing the FDD (Franchise Documents). Which I think is that too many buyers of the franchise simply do not understand what they are buying, or how it works, until they contact a franchise consultant or franchise lawyer. Agreements in this area is long and complicated, even if they are written in English. They can be very confusing freshman.

So, if you ask: "Can I get a franchise or a franchise sold Outlet?" Please understand that you do not sell a franchise outlet, you have the event for a period of time to benefit from the franchisor's superior business model and the risk of operating these activities. I hope you see the difference immediately.