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What is a Franchise Agreement?

MSA Worldwide

However, while every franchise is a license, not every license is a franchise. What turns a license into a franchise? In the United States, this is governed by the definition established by the Federal Trade Commission (“The FTC Rule”) and by the various states that have adopted alternative definitions.

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Top Ten Reasons to Invest in a Franchise

MSA Worldwide

One of the benefits of franchising and pre-sale disclosure is that you can determine in advance what you are getting before you make the investment. One of the definitions used to measure success is the absence of failure. In that definition, failure is generally defined as the franchise permanently closing its doors.

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How to Franchise Your Business — The Right Way

MSA Worldwide

By Michael Seid, Managing Director, MSA Worldwide A franchise system is much more than a set of legal documents Those of us experienced in franchising are amazed when companies considering development of a new franchise system (even large, well-established international companies) begin the process at the end – development of their legal agreements.