|
|
Franchising is the practice of using another firm's successful business
model. The word 'franchise'
is of anglo-French derivation - from franc-
meaning free, and is used both as a noun and as a (transitive) verb. For the
franchisor, the
franchise is
an alternative to building 'chain stores' to
distribute goods and avoid investment and liability over a chain. The
franchisor's success is the success of the
franchisees. The franchisee is
said to have a greater incentive than a direct employee because he or she
has a direct stake in the business.
However, except in the US, and now in China (2007) where there are explicit
Federal (and in the US, State) laws covering franchise, most of the world
recognizes 'franchise' but rarely makes legal provisions for it. Only
Australia, various provinces within Canada, France and Brazil have
significant Disclosure laws but Brazil regulates franchises more closely.
Where there is no specific law, franchise is considered a distribution
system, whose laws apply, with the trademark (of the franchise system)
covered by specific covenants.
|
|
|
What's New?
Featured Listings :
|
|
-
Asia-Pacific Centre for Franchising Excellence
The Asia-Pacific Centre for Franchising Excellence builds on the Griffith
Business School’s reputation as a leader in franchise research and franchise
education. The Centre addresses the need for dedicated research, education and
an ongoing focus on the franchise sector.
-
American Association of Franchisees & Dealers
The AAFD is a national non-profit trade association representing the rights and
interests of franchisees and independent dealers throughout the United States.
The AAFD was formed by Declaration of Trust in May of 1992 with the original
mission of "Bringing Fairness to Franchising." As the AAFD has expanded and
evolved, and as many fine franchising companies have stepped forward to
contractually embrace the promise of Win-Win Franchising, the AAFD's mission has
expanded, but can be succinctly stated as follows:
To define, identify and to use marketplace solutions to promote Total Quality
Franchising.
-
Franchise Council of Australia
The Franchise Council of Australia Limited (FCA) is the peak body for the $128
billion franchise sector in Australia, representing franchisees, franchisors and
service providers to the sector.
-
Canadian Franchise Association
With almost 500 corporate members nation-wide, representing many of Canada's
best-known brands, the Canadian Franchise Association is the national voice of
franchising in Canada and works with all levels of government to develop
industry-made solutions. CFA promotes excellence in franchising and educates
Canadians about franchising, specific franchise opportunities and proper due
diligence through its many events, programs and publications.
-
Canadian Franchise Association
With almost 500 corporate members nation-wide, representing many of Canada's
best-known brands, the Canadian Franchise Association is the national voice of
franchising in Canada and works with all levels of government to develop
industry-made solutions. CFA promotes excellence in franchising and educates
Canadians about franchising, specific franchise opportunities and proper due
diligence through its many events, programs and publications.
-
Franchising Association of India
Franchising Association of India (FAI) is focused on promoting the concept of
Franchising in India and on bringing in best international practices. By virtue
of our membership of the prestigious World Franchise Council (WFC) we are
connected with 46 similar associations of other World Franchise council member
countries including International Franchising Association, US. As a part of the
constitution World Franchise Council acknowledges and admits only one member
association per country.
-
Franchise Brokers Association
The FBA is an association dedicated to helping Franchise Brokers and Consultants
build thriving practices. As the hub of the franchise community, the FBA sets
the standard for the exchange of information among consultants, franchisors,
funding sources and other essential resources so the clients of our community
are served with the highest level of integrity and professionalism.
-
International Franchise Association
Celebrating 50 years of excellence, education and advocacy, the International
Franchise Association is the world’s oldest and largest organization
representing franchising worldwide. IFA’s mission is to protect, enhance and
promote franchising through government relations, public relations and
educational programs.
|
|
|
|
See Also :
|