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Franchising (from the French for free) is a method of doing business wherein a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the entity licensing the 'chain store' or franchise outlet (commonly shortened to the one word: franchise), and may indeed be required by the franchisor, which generally requires audited books, and may subject the franchisee or the outlet to periodic and surprise spot checks. Failure of such tests typically involve non-renewal or cancellation of franchise rights.

According to Financial Times, if sales by US franchise businesses were translated into national product, they would qualify as the 7th largest economy in the world.

Overview


The term "franchising" is used to describe a wide variety of business systems which may or may not fall into the legal definition provided above. For example, a vending machine operator may receive a franchise for a particular kind of vending machine, including a trademark and a royalty, but no method of doing business.

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BBC News | Business | World Edition

Markets rally after crisis talks
Mon, 13 Oct 2008 05:59:32 -0000
Most Asian stock markets react positively after efforts by world leaders to end the financial turmoil.
UK banks may get bail-out on Monday
Mon, 13 Oct 2008 06:09:58 -0000
Major UK banks are being told they need to seek up to £50bn to boost their balance sheets, the BBC learns.
US banking rules 'outdated'
Mon, 13 Oct 2008 00:04:48 -0000
US banking regulators need a "dramatic overhaul", according to Harvey Pitt who used to run one of them.

NYT > World Business

U.S. Missteps Are Evident, but Europe Is Implicated
Mon, 13 Oct 2008 02:22:28 -0000
Experts say lenders in Europe all too willingly embraced many of the riskiest practices of their American counterparts.
Stock Slump Imperils Putin’s Effort to Pump Up Russian Wealth, and His Legacy
Mon, 13 Oct 2008 01:22:48 -0000
Vladimir V. Putin is facing a threat to his legacy of bringing growth, stability and a renewed swagger to this nation.
Spanish Bank Said to Be Close to Buying Sovereign Bancorp
Mon, 13 Oct 2008 02:20:34 -0000
Banco Santander of Spain is in advanced talks to acquire Sovereign for about $2.5 billion, people briefed on the matter said.

 
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Federal Trade Commission Franchise Rule - Overview of franchising rules applicable in the US.

Fran Docs - Legal documents, agreements, consulting.
Meta Description: [ Franchise Programs including UFOC, Franchise Agreement, Brochure, Operations Manuals, Franchise Consulting, DMA Map, State Registration, Franchising Associations, Earnings Claims, Francise Your Business Combination Platinum Program Software, Consulting and Operations Manuals ]

Franchise Business Club - Offers an online franchise business club for networking with other franchisors.

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Meta Description: [ Franchise advice from a 25-year consultant to help you find the best franchises, or learn how to franchise your concept. Recommendations on franchises for sale, articles and information on home-based, service, retail, or restaurant franchises--The Franchise Doctor has it all. ]

Franchise Information Services - Provides UFOCs, legal advisors, research, consulting and industry resources. Includes online shopping.
Meta Description: [ FRANdata - Franchise Information Services provides: Research, Reports, UFOC Documents, Contact List, Franchise Registry. We provide unbiased franchise information products, research and analysis, all to help you make better decisions. FRANdata has the largest database of information in the world... ]

Franchise Profiles International - Online resource center.
Meta Description: [ Franchising, Franchise411 & Franchise Profiles International is an online franchise research library, magazine & complete resource center, providing the most comprehensive franchise information available in the world today for the franchisee, franchisor, entrepreneur, educators, business profile ... ]

Franchise Search - Provides employee search services for franchises. Includes job submission and search forms.
Meta Description: [ Web site of Franchise Search, Inc., an executive search firm specializing in the franchising industry ]

Franchise Wire - Franchising newswire service, carrying press releases from franchise related companies.
Meta Description: [ Free Franchise Press Release News Distribution ]

Franchise-chat.com - News, chat and forums.
Meta Description: [ Daily franchise and franchising news from around the world. Franchise forum, resource articles, information and links. ]

Franchise-Insider - Provides franchise investors information and franchise documents for purchased download. Includes contact form and online shopping.
Meta Description: [ Franchise-Insider provides franchise investors information and downloadable franchise documents including Uniform Franchise Offering Circulars (UFOC) of major franchisors, Franchise-Insider provides franchise investors information and downloadable franchise documents including Uniform Franchise O... ]

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Meta Description: [ Access to potential partners for a franchise and resell franchises ]

FranchiseHelp.com - Information, articles, advice.
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FranInfo - Information and advice for franchisors and franchisees.

International Franchise Association - News, events, resources and membership information.
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National Event Management - Hosts the National Franchise Business Opportunities Show across North America. Includes employment, testimonials, directions and exhibitor information.

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Waterstreet Technology Group Inc. - Offers franchise management software. Includes client list and request information form.
Meta Description: [ Waterstreet hosts powerful franchise management software that will help you manage and grow your business, and we provide a team of professionals that will tailor the software to meet the specific needs of your franchise system. We have been working with franchisors since 1997, we understand fran... ]

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