1. Franchising In Korea FSI
... the franchiser has the obligation to provide a continuing support to the franchisee's business. IFA adopted Housden's definition of the franchising operation: Franchise operation is a contractual relationship between the franchise and franchisee in which the franchiser offers or is obligated to maintain a continuing interest in the business of franchisee in such areas as know-how and training, wherein the franchisee operates under a common trade name, format and/or procedure, owned or controlled by the franchiser, and in which the franchisee has or will ... make a substantial investment...
- Word Count: 8575
- Approx Pages: 34
- Grade Level: Undergraduate