What are the considerations for renewing a franchise agreement?

There is often confusion between licensing a brand and franchising a business, so I will try my best to distinguish between the two. A licensing agreement ... Aug 9, 2019 ... Comments26 · Licensing And Franchising – Why the Difference Between The Two Matters · Expanding your Business License vs Franchise vs Ownership. With a franchise, you'll likely receive support in training, marketing, site selection and other areas, whereas a licensing agreement provides little or no ... Feb 5, 2025 ... The key difference lies in the level of control you maintain over the use of your brand once you grant permission. What is Licensing? Licensing ... Jan 31, 2025 ... Licensing allows for faster brand expansion with minimal involvement, while franchising provides greater control and brand consistency. Licensing is used to monetize trademarks and other intellectual property used by independently operated businesses. Download the Guide. If you have already ... Dec 1, 2014 ... Franchising is a type of licensing arrangement. Licensing of intellectual property (IP) is at the heart of a franchise contract. So, in fact, a ... agreements that mean different things for both you and your brand. In this franchising vs. licensing comparison, we'll explain the differences between the two, ... Jan 1, 2023 ... What is the significant difference between them? ; Governance, Franchise Act, Contract laws between parties, Joint venture Agreement ; Training & ... Apr 13, 2025 ... On the other hand, franchising involves a more structured approach, where franchisees follow your brand guidelines closely and benefit from your ...