It is often said, and I have been saying it for years, that the relationship between a franchisor and a franchisee is just like the relationship between a husband and wife in a marriage. There must be mutual trust, respect and each party has specific duties to perform. But what are these duties A franchisor …
Before purchasing a business you should consider all of the following: Engage an accountant to examine the books and records of the business. Test the financial representations made by the vendor. Check whether the business will be able to service your proposed borrowings and still leave an adequate return. Check the terms and conditions of …
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