What is offshore, onshore and midshore?
If you have ever created a business on your own, from the zero cycle, then you probably took into account the different possibilities for the place of registration. This usually…

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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…

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A selection of business ideas with minimal investment
Each of us at least once in his life, but thought about how good it would be to be the owner of our own business and work according to our…

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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

Worker vs employer: who owns intellectual property?
The leading consultant of the consulting company UKEY Daria Zernina explains the difference between confidential information and information as a result of intellectual activity. The category of valuable information relates…

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Top 5 Women's Mistakes in Personal Finance Management
Buying an apartment, because a friend bought the same, cosmetics instead of paying off a loan and other indisputable decisions Both men and women can make annoying mistakes in managing…

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Bank generosity: how can you benefit from a cashback card
More and more banks issue plastic cards with cashback. How to make the right choice? In the wake of the consumer boom, banks are increasingly offering customers plastic cards with…

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The main mistakes of businessmen
Starting a business, many people set themselves the goal of getting rich. Many follow the well-known examples of people who have made a fortune in one sphere or another, imitate…

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