Franchise FAQ

does ordersin franchise really works

by Francis Christiansen Published 2 years ago Updated 1 year ago
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OrdersIn Franchise There is no other opportunity that has the income potential of online and social ordering, and now you can provide this service to businesses in your area and keep 100% of your sales revenue!

Full Answer

What is Franchising?

Why do franchises get better deals?

What is the FTC rule for franchising?

Why do franchisors have to protect their proprietary information?

How to negotiate a franchise agreement?

What is franchising business?

Why is franchising important?

See 4 more

About this website

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What Is a Franchise, and How Does It Work? - Investopedia

Franchise: A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchiser) proprietary knowledge, processes, and trademarks in ...

The Ultimate Guide to Franchising Your Business - The Internicola Law Firm

Learn about franchising, how to franchise a business, and how to prepare to sell franchises. Call The Internicola Law Firm, P.C. at (718)-979-8688.

How Does A Franchisor Make Their Money | Start Your New Franchise

A franchisor isn’t in the business of sharing their products, trademarks, and suppliers to others out of goodwill, they are in the business of making money, but how does a franchisor make their money?

Bring online ordering to yourhometown, neighbourhood or campus

Brand our online ordering platform as your ownand join our many successful existing licensees!

Hometown, Neighbourhood & Campus Online Ordering Website

Complete online ordering platform and website with interactive menus, customer accounts and payment integration. All with your own brand!

Online Interactive Menu

Every business has an interactive menu page including logo, info, hours, reviews and maps.

Mobile Ordering and In-Store Ordering on any mobile device

Robust mobile ordering allows customers to order food from their couch or even at a table in a restaurant.

Are you an entrepreneur?

We are looking for entrepreneurs to take our technology and brand it as their own. Be the exclusive online order provider in your hometown or campus.

OrdersIn Local Restaurant Search

Your own multi-site restaurant ordering platform that allows users to search for restaurants near them by using their location.

OrdersIn Web Apps

Connect our online ordering platform directly to a restaurant or retailer’s existing website and Facebook fan page.

Sell Online Ordering Systems to Local Restaurants

Having an online ordering system is becoming more and more necessary for restaurants to stay competitive. However, it can be difficult and time-consuming to develop one, which is why there are still countless restaurants that don’t offer online ordering at all. That’s where you come in.

How It Works

We’ll build a fully-functional marketing website for you under your own unique brand (the OrdersIn brand will not appear anywhere) and domain, which will display your products, pricing, and feature real-time interactive product demos.

Program Features

We provide you with everything you and your clients need to be successful.

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My Business Venture

Run your own online superstore with over 5,000+ top products and mark-ups up to 200%!

What is Franchising?

Imagine that you're opening your own McDonald's. To do this, you have to buy a McDonald's franchise. In order to qualify for a conventional franchise, you have to have $250,000 (not borrowed). Your total costs to open the restaurant, however, will be anywhere from $685,750 to $1,504,000, which goes to paying for the building, equipment, etc. Forty percent of this cost has to be from your own (non-borrowed) funds.

Why do franchises get better deals?

You also usually get better deals on supplies because the franchise company can purchase goods and supplies in bulk for the entire chain, and then pass that savings on to you and the other franchise units.

What is the FTC rule for franchising?

The Franchise Rule deals with the franchising contract and requires that the franchisor give full disclosure of earnings, company history, litigation, and key-officer experience levels. It also requires that contact information be provided for existing franchised units. The rule does not, however, cover anything that happens after the contract is signed, such as problems with product availability, site selection, and placement of other units within the same geographical market.

Why do franchisors have to protect their proprietary information?

In order to do this, they establish restrictive covenants for their franchisees. These covenants govern the things a franchisee can do.

How to negotiate a franchise agreement?

There are many elements of the franchise agreement, as well as the franchise deal itself, that can benefit from the advice of an attorney. These can include: 1 Reviewing the franchisor's offering circular (the UFOC) and evaluating the opportunity 2 Negotiating points of the final contract 3 Limiting your personal liability by establishing the correct business structure 4 Dealing with trade secrets and other proprietary issues 5 Establishing your own trade name 6 Dealing with state statutes

What is franchising business?

Think of franchising as paying someone for his or her business strategy, marketing strategy, operations strategy, and the use of his or her name. That's pretty much what franchising is -- you are establishing a relationship with a successful business so you can use its systems and capitalize on its existing brand awareness in order to get a quicker return on your own investment. You are using its proven system and name, and running it by its rules.

Why is franchising important?

This is because franchises typically get up and running faster, and are profitable more quickly. This can be a result of better management as well as a well-known name.

What is Franchising?

Imagine that you're opening your own McDonald's. To do this, you have to buy a McDonald's franchise. In order to qualify for a conventional franchise, you have to have $250,000 (not borrowed). Your total costs to open the restaurant, however, will be anywhere from $685,750 to $1,504,000, which goes to paying for the building, equipment, etc. Forty percent of this cost has to be from your own (non-borrowed) funds.

Why do franchises get better deals?

You also usually get better deals on supplies because the franchise company can purchase goods and supplies in bulk for the entire chain, and then pass that savings on to you and the other franchise units.

What is the FTC rule for franchising?

The Franchise Rule deals with the franchising contract and requires that the franchisor give full disclosure of earnings, company history, litigation, and key-officer experience levels. It also requires that contact information be provided for existing franchised units. The rule does not, however, cover anything that happens after the contract is signed, such as problems with product availability, site selection, and placement of other units within the same geographical market.

Why do franchisors have to protect their proprietary information?

In order to do this, they establish restrictive covenants for their franchisees. These covenants govern the things a franchisee can do.

How to negotiate a franchise agreement?

There are many elements of the franchise agreement, as well as the franchise deal itself, that can benefit from the advice of an attorney. These can include: 1 Reviewing the franchisor's offering circular (the UFOC) and evaluating the opportunity 2 Negotiating points of the final contract 3 Limiting your personal liability by establishing the correct business structure 4 Dealing with trade secrets and other proprietary issues 5 Establishing your own trade name 6 Dealing with state statutes

What is franchising business?

Think of franchising as paying someone for his or her business strategy, marketing strategy, operations strategy, and the use of his or her name. That's pretty much what franchising is -- you are establishing a relationship with a successful business so you can use its systems and capitalize on its existing brand awareness in order to get a quicker return on your own investment. You are using its proven system and name, and running it by its rules.

Why is franchising important?

This is because franchises typically get up and running faster, and are profitable more quickly. This can be a result of better management as well as a well-known name.

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