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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How to independently develop an automatic online sales funnel for a business in 7 steps
Maria Grineva talks about what an online sales funnel is, how to independently create an automatic funnel in your company using 7 consecutive steps According to the research agency DATA…

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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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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

Bloomberg named Porsche 911 the most profitable car of the year
The eighth generation of the legendary Porsche 911 brought the German manufacturer a record share of profits - over the year, no other elite car earned so much for its…

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How to survive financial difficulties
There is nothing shameful in poverty. To overcome financial difficulties, you should start monitoring your expenses. To solve the problem, stop spending more than you earn. Physical and mental health,…

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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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How to attract a sponsor
The process of obtaining sponsorship for your business, project or event can result in both successful and mutually beneficial cooperation, and complete failure. However, you can significantly increase your chances…

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