Glossary Terms

Franchisor-vs-franchisee
What is the Difference Between Franchisor vs. Franchisee?

What You’ll Find In This ArticleWhat is the Definition of Franchisee?What is the Definition of Franchisor?What is the

Franchise-royalty-fees
What are Franchise Royalty Fees?

Franchise fees include the initial franchise fee and the franchise royalty fee. These fees are typically paid monthly

Corporations vs. Franchises
What’s the Difference Between a Corporation and a Franchise?

The management styles behind a corporation and a franchise are what differentiates the two business models.

What-is-franchise-discovery-day
What is a Franchise Discovery Day?

What You’ll Find In This ArticleCan Anyone Attend a Franchise Discovery Day?How to Prepare for Discovery DayWhat Questions

Franchise-vs-partnership
What is the Difference Between Franchising and a Partnership?

What You’ll Find In This ArticleWhat is the Definition of a Franchisee?What is the Definition of a Partnership?General

Franchise-insurance
What is Franchise Insurance?

What You’ll Find In This ArticleHow Does Franchise Insurance Work?Types of Franchise InsuranceProperty InsurancePublic Liability Insurance Product Liability Insurance General

Franchise-license
What is a Franchise License?

What You’ll Find In This ArticleWhat is the Difference Between a Franchise and a License?State Licensing RegulationsWhat are

What is an area representative
What is an Area Representative?

What You’ll Find In This ArticleWhat is the Difference Between Area representatives and Master franchisors? How a Franchise Area

Dunkin donuts
The Differences Between a Chain and a Franchise

We break down the differences between a chain vs a franchise, so you can figure out which business

Franchise meeting
How to Create a Franchise Business Plan

Understand why a franchise business plan can make or break your business and how to create a franchise

Shaking hands with franchise broker
What Does a Franchise Broker Do?

Do you need some help finding the best franchise to invest in? Learn more about the benefits, costs,

Woman signing franchise papers
What’s the Difference Between a Franchise and a License?

While licensing is a broad term that encapsulates franchising, there are several licensing agreements available to prospective firms.