Types of Franchising There are three basic types of franchise; 1. Trade name franchise Trade name franchise involves a brand name such as True Value Hardware or Western Auto. Here‚ the franchisee purchases the right to become identified with the franchisers trade name without distributing particular products exclusively under the manufacturers name. 2. Product distribution franchise A Product distribution franchise licenses the franchisee to sell specific products under the manufacturers
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Franchise Have you ever noticed when you are out in your local shopping district just about everywhere you look there is a McDonalds‚ Taco Bell‚ or Pizza Hut? These types of businesses are known in the business world as franchises. The franchise is a business that is individually owned but it is licensed to operate under the umbrella of a major corporation‚ as Henry Cheeseman states in chapter 40 of his book Business Law‚ a franchise is a separate corporation from a corporation. When a person
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COVER LETTER SAMPLE A cover letter is a document sent with your resume to provide additional information on your skills and experience. Employers use cover letters as a way to screen applicants for available jobs and to determine which candidates they would like to interview. If an employer requires a cover letter‚ it should be listed in the job posting. What is Included in a Cover Letter A cover letter typically provides detailed information on why you are qualified for the job you are applying
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===Sample Letter of Recommendation=== To Whom It May Concern: As the Dean of Stonewell College‚ I have had the pleasure of knowing Hannah Smith for the last four years. She has been a tremendous student and an asset to our school. I would like to take this opportunity to recommend Hannah for your graduate program. I feel confident that she will continue to succeed in her studies. Hannah is a dedicated student and thus far her grades have been exemplary. In class‚ she has proven to be
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Concept of franchise There are thousands of franchised businesses‚ covering nearly every conceivable industry‚ from well-known national brands to smaller‚ local opportunities. The challenge is to decide on one that both interests the investors and is a good investment. The term franchise basically illustrates the concept of buying an international company and using in a different country/state. In other words it means one is buying the right to use a specific trademark or business concept. The
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Sending the buyer a letter of credit proforma To avoid problems and delays in payment‚ it is recommended that the exporter convey in writing some guidelines to the buyer as to what terms the credit should contain‚ the complete name and address of the bank to which the letter of credit should advised by the opening bank‚ and details of shipment terms. If these are spelled out in advance of the issuance of the credit than costly amendments may not be required. A sample letter of credit template‚ or
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SAMPLE WARNING LETTER Name and address of employee to whom warning is being given Date: Subject: Warning letter Dear Ms/Mr __________ We have given repeated verbal warnings to you regarding coming late to office every other day. The management has noticed that no heed has been paid to those warnings. So we are writing this warning letter to you. You are requested to strictly start following the office timings with immediate effect failing which we will be compelled to start deducting
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Business 1 Dr. Frank Alderete September 16‚ 2013 Report: Franchise What is a franchise? A franchise is a right granted to an individual or group to market a company’s goods or services within a certain territory or location. Franchises are a great avenue to business ownership for those with the entrepreneurial spirit-and they’re playing a definitive role in driving the economy upward. If you are thinking about buying into a franchise system‚ it is important that you understand exactly how franchising
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Street East Providence‚ RI 02914 Dear Ms. Jones: I would like to inform you of a conference that will be being held on the day your son Stephen returns after his three-day suspension‚ as well as address a few other things in this letter. To clarify‚ Stephen was not suspended for an overdue library book. He was suspended for the theft of a reference book in the library used by all Social Studies students that is a primary source of information. Stephen’s social studies teacher‚ Mrs
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Sample Cover Letter #1 Your Name Address City‚ State ZIP Code Phone Date Name/Address of Person Receiving your letter Dear Person’s Name: I am very interested in the Fitness Director position opening at the Los Gatos Sports and Wellness facility. I have a strong educational background and several professional health and fitness experiences which I feel uniquely qualify me for this job opportunity. I am currently a certified personal trainer and am completing my degree in Exercise
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