Archive for April, 2011

Franchising Vs. Licensing a Business

FRANCHISE VS. LICENSE

What’s the difference between franchising vs. licensing a business? Is a license business model really different from a franchise business model? Whether you’re a franchise attorney or not, the starting point in any analysis is to consider the legal aspects, then the business aspects. This article focuses on the legal aspects. A franchise always includes a license of the brand and operating methods, along with assistance (training, an operations manual, etc.) or support (providing advice, quality control, inspections, etc.). A license that is supposedly “not a franchise” but contains these elements, is a disguised, illegal franchise with significant legal ramifications and risk.

REGULATORY BACKDROP

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Start Your Food Business with ShortOrder.com Coupon Codes

Some people say that among the most lucrative types of businesses are those involved with food production. Food, after all, is consumable and people will always need it to get by their daily lives. There are food companies that make it really big and there are also those who are still making their way up but are steadily gaining ground and creating their own niche in the food industry.

This is actually what I told a friend of mine when we had dinner the other night in a fancy restaurant that is quite popular in our part of town. We were trying to analyze what made the restaurant such a hit among its patrons and what makes more and more people want to try it every day. My friend has always wanted to put up her own restaurant but she never could get around to really starting it because she is easily discouraged by the risks a restaurant business entails.

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