Absentee Ownership
Absentee ownership in franchising allows you to invest in a business without handling daily operations.
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Advertising Fund
An advertising fund in franchising is a shared resource used to market the brand across all locations.
Area Developer
An area developer signs on to open and operate multiple franchise locations within a defined territory.
Area Representative
Area representatives help expand a franchise by recruiting and supporting franchisees in a specific region.
Assignment Clause
The assignment clause in a franchise agreement outlines how and when ownership can be transferred.
