Freer Markets, More Rules: Regulatory Reform in Advanced

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Format: Hardcover

Language: English

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There are also no economies of scale in terms of purchasing and real estate, no brand recognition, and higher costs for things like advertising and design – costs that are shared in a franchise system. That simply pointed out two small pamphlets describing less than savory purposes to the passage of. Finally, psychological factors may come into play for some franchisees, and they may have a need to demonstrate their independence from the franchise system.

Pages: 296

Publisher: Cornell University Press (September 1996)

ISBN: 0801432154

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Some franchisors may give you a separate reference list of franchisees to contact. To ensure you get the full picture, you may want to contact a number of franchisees listed in the disclosure document and some on the separate list. Talk to several franchisees who have been in business just over one year Hybrid Electric vehicle: Before you buy one , before you build one http://travel.50thingstoknow.com/ebooks/hybrid-electric-vehicle-before-you-buy-one-before-you-build-one. The franchisor must disclose: a) A summary of the franchise activities and operations, b) A list of franchisees currently operating in the franchise system in Italy, c) Year-by-year details of the changes in the number of franchisees for the previous three years in Italy, d) A summary of any court or arbitral proceedings in Italy related to the franchise system, and e) If requested by the franchisee, copies of franchisor's balance sheets for the previous three years, or since start-up if that period is shorter Comparative Survey of Securities Laws: A review of the securities and related laws of fourteen nations read epub. If the franchisor has no information that responds to a particular item or an item is not relevant, the Franchise Disclosure Document should affirmatively so state. The following list is a summary of the information required under each item (refer to the Franchise Disclosure Document and the state regulations for a complete description of the information required): (1) description and identity of the franchisor, business organization, franchisor’s experience and predecessors and affiliates; (2) names, titles and positions of persons who have management responsibility for the franchisor; (3) civil and criminal litigation history of the franchisor and its principals; (4) bankruptcy history of the franchisor and its principals and affiliates; (5) description of initial franchise fees to be paid before the franchise operates, if they are deferred, when they are paid, whether any franchise fees are refundable and the terms of any refund; (6) description of any continuing franchise fees such as royalties, how calculated, when paid and whether refundable; (7) description in tabular form of the total investment that the franchisee must make in order to open the franchise, such as real property and construction costs, equipment and fixtures, initial inventory, to whom money is paid, whether refundable and whether financed by the franchisor; (8) description of the obligation of the franchisee to purchase goods and services from the franchisor or franchisor-approved sources; (9) description in tabular form of the principal obligations of the franchisee under the franchise agreement, cross-cited to the franchise agreement; (10) description of financing arrangements offered by the franchisor; (11) description of the franchisor’s obligations, such as site selection, training, assistance during operation and time for commencing operations; (12) description of exclusive territory, if any; (13) description of trademarks or service marks; (14) description of patents and copyrights; (15) description of the obligation of the franchisee to participate personally in or operate the business of the franchise; (16) description of restrictions on products sold, customers and sources; (17) description in tabular form with cross-references to the franchise agreement of the terms of termination, renewal, transfer and dispute resolution; (18) description of arrangements with public figures; (19) description of earnings claims, basis for claims and supplemental claims for particular locations; (20) number and locations of franchisees, terminations, cancellations, nonrenewals and reacquisitions within the last three years; (21) audited financial statements (income and balance sheets) for the past three fiscal years; (22) each agreement that the franchisee will be expected to execute, including leases, notes and development agreements; and (23) detachable receipt evidencing the fact that the franchisee received the Franchise Disclosure Document Livestock and Meat Commission download here http://travel.50thingstoknow.com/ebooks/livestock-and-meat-commission-for-northern-ireland-annual-report-for-the-year-ended-31-march-2006.

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