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American Bar Association 33 Annual Forum on Franchising restarting a Franchise System: Practical Considerations, Planning and Development Jim Meany Main & Humphrey Max Scott, II Gray Plant MootyOctober
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Starting a franchise system involves establishing a business model in which a franchisor grants the rights to individuals or groups (franchisees) to sell its products or services.
Any individual or entity looking to establish a franchise system is required to file for it.
To fill out starting a franchise system, you need to provide detailed information about the business model, operations, financial projections, and legal agreements.
The purpose of starting a franchise system is to expand the reach of a business by leveraging the resources and efforts of independent franchisees.
Information on the business model, financial projections, legal agreements, and operational guidelines must be reported on starting a franchise system.
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