I have heard the terms “Unit” franchise, “Area Representative,” and “Master Franchise.” What is the difference? A Unit franchise refers to someone who owns and
I am an existing franchisor and it is time to renew one of our franchise agreements. What is the process to renew a franchise agreement?
Many franchisors offer prospects the option of purchasing a unit franchise, on one hand, or an Area Developer territory, on the other hand. Often times,
Whether to implement an Area Developer program is a decision franchisors make at various times of their business planning. New franchisors may question the need