How to open an IP in 2019, and how it threatens: basic questions and answers
The opening of an IP is often associated with fears of bureaucracy and hassle, but there is nothing wrong with the procedure for registering an IP: it will take you…

Continue reading →

How to create a business from scratch?
Each person, at least once in his life, thought about how to stop working for a “strange uncle” and start his own business. Of course, investing in one's own is…

Continue reading →

How to decide whether to buy stocks or mutual funds
Stocks are securities in which you can invest a lot of money for the long term. But the question arises: buy individual shares or buy securities through mutual funds? The…

Continue reading →

royalty payments

Franchise Agreement: Avoiding Pitfalls

Trend product 2019. Developed by the psychological center “1000 Ideas” in conjunction with the team of the business portal.

Recall that, being a legally contract of independent equal partners, in reality the franchise agreement nevertheless presupposes the concentration of most of the powers in the hands of the franchisor (franchise owner). At the same time, an entrepreneur who wants to open his own business under a franchise agreement is forced to either accept the terms and conditions or seek another partner.

Nevertheless, if at the stage of concluding the contract special attention is paid to certain provisions of the agreement, this will help to avoid many pitfalls in the future. This is especially important to remember, since almost all agreements are developed by franchise owners, which means that they are created in the interests of the franchisors themselves. Continue reading

How to calculate gross margin
Gross profit is a fairly simple indicator showing the difference between the proceeds from the sale of goods and their cost. Gross profit ratio is the ratio of gross profit…

...

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…

...