Franchise Hollister CA

Business format franchises generally include everything necessary to start and operate a business in one complete package. Business format franchises provide the product, trade names, operating procedures, quality assurance standards, management consulting support, and facility design.

Mary Beth Trice
1221 BROADWAY STE 21
OAKLAND, CA
Specialties
Franchising, Business, Corporate, Intellectual Property
Education
University of Alabama School of Law,University of Alabama
State Licensing
California

Robert Alan Preskill
(415) 377-3919
2479 E. Bayshore Road, Suite 709
Palo Alto, CA
Specialties
Licensing, Franchising, Entertainment
Education
Univ of Illinois COL,Univ of Illinois
State Licensing
California, Illinois

Erin Thomas Morton
400 CAPITOL MALL STE 1700
SACRAMENTO, CA
Specialties
Venture Capital, Intellectual Property, International Law, Licensing, Franchising
Education
McGeorge School of Law, University of the Pacific,University of San Diego,Salzburg University
State Licensing
California

Leslie Braverman Trutner
50 CALIFORNIA ST STE 3155
SAN FRANCISCO, CA
Specialties
Construction, Franchising, State, Local And Municipal Law
Education
University of California at Los Angeles School of Law,University of California, San Diego
State Licensing
California

Kenneth Scott Miller
201 SANTA MONICA BLVD STE 300
SANTA MONICA, CA
Specialties
Litigation, Real Estate, Business, Franchising
Education
Stanford Law School,Hamilton College
State Licensing
California

Halbert Bennett Rasmussen
(323) 937-4730
Suite 655 5750 Wilshire Boulevard
Los Angeles, CA
Specialties
Litigation, Business, Corporate, Commercial, Franchising
Education
Loyola Law School, Loyola Marymount University
State Licensing
California

Joseph W. Price Jr
(714) 427-7420
600 ANTON BLVD STE 1400
COSTA MESA, CA
Specialties
Antitrust, Franchising, Licensing, Intellectual Property
Education
Georgetown University Law Center,Golden Gate University,Villanova University
State Licensing
California

John Harvey Patton
1333 N CALIFORNIA BLVD STE 350
WALNUT CREEK, CA
Specialties
Litigation, Construction, Corporate, Partnership, Franchising
Education
Santa Clara University School of Law,University of California Berkeley
State Licensing
California

Barry Kurtz
16000 VENTURA BLVD STE 1000
ENCINO, CA
 
Mark E McKeen
(415) 856-7075
55 Second Street Twenty-Fourth Floor
San Francisco, CA
Specialties
Bankruptcy, Financial Markets And Services, Franchising, Intellectual Property
Education
University of California at Los Angeles School of Law,Stanford University
State Licensing
California

Franchise

Why Buy a Franchise?

First of all, let's define what we mean by the term: franchising refers to an arrangement in which a party, the franchisee, buys the right to sell a product or service from a seller, the franchisor. The right to sell a product or service is the franchise.

There are basically two types of franchises: (1) product and trade-name franchises and (2) business-format franchises. A product and trade-name franchise generally involves the distribution of a product through dealers. For example, auto dealerships are product and trade-name franchises that sell products produced by the franchisor.

Business format franchises generally include everything necessary to start and operate a business in one complete package. Business format franchises provide the product, trade names, operating procedures, quality assurance standards, management consulting support, and facility design. Many familiar convenience stores and fast-food outlets, for example, are franchised in this manner.

People are attracted to franchises because the best ones have proven to be extremely successful over the years, and they combine many of the benefits of business ownership with the brand name, experience, and economies of scale provided by the established corporate franchisor. In fact, good franchises generally have a higher success rate than other types of businesses. Let's take a look at the advantages and disadvantages of franchising:

Advantages of Franchising:

  • Risk minimized. A reputable franchise is a proven business method.
  • Name recognition. A well-known name can bring customers into the business and provide a competitive advantage for the franchisee.
  • Training. A franchisor can provide a regimented training program to teach the franchisee about the business operation and industry even if the franchisee has no prior experience.
  • Support. A franchisor can provide managerial support and problem-solving capabilities for its franchisees.
  • Economies of scale. Cost savings on inventory items can be passed on to the franchisee from bulk purchase orders made by the franchisor.
  • Advertising. Cooperative advertising programs can provide national exposure at an affordable price.
  • Financing. A franchisor will generally assist the franchisee in obtaining financing for the franchise. In many instances, the franchisor will be the source of financing. Lenders are more inclined to provide financing to franchises because they are less risky than businesses started from scratch.
  • Site selection. Most franchises will assist the franchisee in selecting a site for the new franchise location.

Disadvantages of Franchising

  • Franchise fees. Franchise fees are required to be paid to the franchisor at the inception of the franchise agreement. These fees can range from a few thousand dollars to hundreds of thousands of dollars depending on the franchise.
  • Royalties. The cost of many franchises includes a monthly royalty (fee) based on a percentage of the fr...

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