guardianship authorities
What is a franchise agreement (commercial concession agreement)
How does franchising function in terms of Russian law? We will understand what exactly is understood by law as a franchise agreement or a commercial concession agreement.
From the point of view of imperfect Russian legislation, a synonym for franchising is concession. What exactly is meant by this term? There are several definitions of the concept of “concession”.
A concession is an agreement on the transfer by the state for operation to private entrepreneurs, foreign firms for a specified period of time of enterprises and other economic facilities, land plots with the right to extract minerals, build various structures, produce certain products, etc. The enterprise itself is also called a concession. based on such an agreement. Continue reading
10 franchising trends over the past 10 years
Experts predict a tenfold increase in franchised points by the end of 2025. Is it real? In order to answer this question, you need to look at the experience of the past 10 years. Namely: what happened over the years, what was acceptable and demanded before, and what today, and how the franchising market will develop in the near future.
Over the past 10 years, the franchising market has grown by almost 5 times. In 2017, about 1700 franchise concepts (brands) were presented on the Russian market, and the number of franchised points exceeds 50 thousand. For comparison, in 2007 the number of franchised concepts was no more than 300, and the number of franchised points was only 9.5 thousand. Continue reading
How to create a successful franchise: 4 golden rules
Instead of increasing the number of franchises, unfortunately, their quality decreases and confidence among franchisees decreases. The rules for creating a successful franchise are shared by Oleg Yudin, director of franchising at Domino’s Pizza.
Franchising is rapidly gaining popularity. One of the decisive factors in this matter is the crisis, condemning Russian business to instability and uncertainty in the future. The purchase of a franchise eliminates this issue by providing an already developed business model with prescribed solutions to possible risks.
Trend Product 2019 Continue reading
