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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
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.
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How to sell a franchise on the Internet: 3 best ways
There are many ways to sell a franchise over the Internet, but not all of them are worth your attention. In this article we will talk about the most effective of them.
Most often, the first franchisees are acquaintances or acquaintances of acquaintances, to establish contact with which is not difficult. Typical story: the company opens one or two franchising points, after which it has confidence in the model’s performance plus the desire to scale the business further. The main question at this stage is how to achieve a stream of targeted leads.
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