What are the ethical considerations for franchisors in their dealings with franchisees?

Jan 27, 2017 ... Franchising is subject to greater regulation than licensing, and there are strict processes and rules enacted by the FTC for franchises. You ... ... franchising, licensing, and various other forms of strategic alliance. Of ... While it is a faster and cheaper mode of entry, it ultimately results in a profit ... Nov 22, 2023 ... Before embarking on the journey to avoid the accidental franchise pitfall, let's clarify the key differences between a license agreement and a ... Key Differences Between Licensing and Franchising ; License means granting the rights to use the intellectual property only. Franchising grants the right to use ... Contract laws between parties. Franchise Act 1998. Joint Venture Agreement. Registration. Not necessary. Mandatory. -. *IP = Intellectual Property. Page 3 ... Licence agreements and franchise agreements usually grant people the right to use a trade mark and intellectual property in a defined territory. Unlike in a franchise agreement, Starbucks licensees are not required to follow the brand's step-by-step business plan. They can opt to adopt the brand's ... Overall, franchising tends to involve a more comprehensive relationship, focusing on replicating a successful business model, while licensing typically grants ... Feb 17, 2021 ... grow your brand through the use of another individual's (the franchisee or licensee) resources and labour. In franchising, you will have ... The key difference between licensing and franchising is that the former provides the right to use intellectual property, while the latter grants an authority ...