Refers to joining a certain group_organization. It can be expanded to the commercial field, which refers to the agency franchise of commercial brands. Franchise is the ongoing contractual relationship between the enterprise organization, or the franchise chain head office and the franchise store. According to the contract, a unique business privilege must be provided, plus unconditional assistance in (personnel training, organizational structure, business management, product supply and marketing). The franchise stores also need to pay corresponding compensation.
There are many types of franchising business forms, which can be roughly divided into voluntary franchising, entrusted franchising and franchising according to the investment ratio and operating methods. Extended information
You must choose a chain system with considerable experience, including the length of business and the number of stores; if it is a brand that has not been established for a long time and has a small number of stores, due to its own chain experience These are not enough. If franchisees join hastily, the risk will naturally be higher.
The headquarters to be joined must be a legally registered company or bank, and the person signing the contract must be the legal agent of the company. In addition, franchising means that the headquarters authorizes the brand to be used by franchise stores. The headquarters must first own the trademark rights of the brand before authorizing it to franchisees.
Reference: Baidu Encyclopedia-Join