Sparks Franchise Opportunity

"Own and Manage your own Sparks Vape Store franchise"
How does a franchise work?

 

How much do I need to invest?

 

How much money can I make?

 

Where can I open a franchise?

 

How does a franchise work?

 

The term 'franchising' is used to describe many different kinds of business relationships, but in its most common use refers to Business Format Franchising.

In Business Format Franchising, a company licenses its trademarks and proven business methods to others in exchange for a recurring payment, a percentage of gross sales or a fixed fee. A company that licenses its trademarks and methods is called a franchisor. An individual who pays to use a franchisor’s trademarks and methods is called a franchisee. Franchisees open clones of the franchisor’s business, and run them with the continual assistance of the franchisor for a pre-determined period.

The relationship between a franchisor and a franchisee is governed by a contract called the Franchise Agreement. This agreement outlines the privileges, terms, conditions, restrictions and other details of the arrangement. The business operated under a Franchise Agreement is often called a franchise outlet or franchise location.The Franchise Agreement typically entitles the franchisee to initial training, an Operations Manual, a start-up package, a delineated area of operation (the 'territory'), ongoing support, national and/or regional marketing support, and the trademark licence.

The Agreement entitles the franchisor to various payments and fees, and asserts their control over the trademark(s), the way in which the products and services are marketed and sold, and the quality and standards of the business as a whole. Franchising allows previously untrained people to own and operate a tried and proven business, and provides companies a profitable means of expanding. The benefits to both parties and to the economy as a whole are significant.

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