He and the franchisor must develop a marketing or business plan.

He must be protected by the franchisor from any trademark infringement by third parties.

* The FIE ( foreign-invested enterprise ) franchisor must be registered by the regulator

* The franchisor ( or its subsidiary ) must have operated at least operated two company-owned franchises in China ( revised to " anywhere ") for more than 12 months (" the two-store, one-year " rule )

The franchisor must meet a list of requirements for registration, among which are:

* If the franchisee has paid a deposit to the franchisor, it must be refunded on termination of the franchise agreement ; upon termination, the franchisee is prohibited from continuing to use the franchisor's marks.

The franchisor must disclose:

It must include such data as the names, addresses and telephone numbers of the franchisees in the licensed territory ( who may be contacted and consulted before negotiations ), estimate of total franchise revenues and franchisor profitability.

Although franchisor revenues and profit may be listed in a franchise disclosure document ( FDD ), no laws require an estimate of franchisee profitability, which depends on how intensively the franchisee ' works ' the franchise.

In Spain, the franchisor submits the disclosure information 20 days prior to signing the agreement or prior to any payment made by the franchisee to the franchisor.

Whereas elements of the disclosure may be available from third parties, only that provided by the franchisor can be depended upon.

The U. S. Franchise Disclosure Document ( FDD ) is lengthy ( 300-700 pp +) and detailed ( see Uniform Franchise Offering Circular ( UFOC ) for elements of disclosure ), and generally requires audited financial statements from the franchisor in a particular format, except in some circumstances, such as where a franchisor is new.

* Technical or commercial assistance or both, provided by the franchisor to the franchisee during the agreement, without prejudice to any supervision faculty to which the parties could freely agree in the contract.

: a ) The date of the founding of the franchisor's enterprise and a summary of its business history and all information necessary to assess the business experience of the franchisor, including bankers,

Various tangibles and intangibles such as national or international advertising, training and other support services are commonly made available by the franchisor.

The service has to be in accordance with the pattern followed by the franchisor in the successful franchise operations.

A service can be successful if equipment and supplies are purchased at a fair price from the franchisor or sources recommended by the franchisor.

So too the purchase of uniforms of personnel, signs, etc., as well as the franchise sites, if they are owned or controlled by the franchisor.

Franchise contracts tend to be unilateral contracts in favor of the franchisor, who is generally protected from lawsuits from their franchisees because of the non-negotiable contracts that require franchisees to acknowledge, in effect, that they are buying the franchise knowing that there is risk, and that they have not been promised success or profits by the franchisor.

The legal definition of franchising in Spain is an activity in which an undertaking, the franchisor, grants to another party, the franchisee, for a specific market and in exchange for financial compensation ( either direct, indirect or both ), the right to exploit an owned system to commercialize products or services already exploited by the franchisor with enough success and experience.

* The communication by the franchisor to the franchise of certain technical knowledge or substantial and singular know-how that has to be owned by the franchisor, and

The ( FTC ) Federal Trade Commission requires that the franchisee be furnished with a Franchise Disclosure Document ( FDD ) by the franchisor at least fourteen days before money changes hands or a franchise agreement is signed.

Jerry Lewis Cinemas stated that the theater could be operated by as little as a staff of two due to automation and the fact that the franchisor would provide support in booking films and help in other areas of film exhibition.

7-Eleven, primarily operating as a franchise, is the world's largest operator, franchisor and licensor of convenience stores, with more than 46, 000 outlets, surpassing the previous record-holder McDonald's Corporation in 2007 by approximately 1, 000 retail stores.

The employees typically are required to wear uniforms and to dress as specified by the franchisor.

Two important payments are made to a franchisor: ( a ) a royalty for the trademark and ( b ) reimbursement for the training and advisory services given to the franchisee.

The Brazilian Franchise Law ( Law No. 8955 of December 15, 1994 ) defines the franchise as a system in which the franchisor licenses the franchisee, for a payment, the right to use a trademark / patent along with the right to distribute products or services on an exclusive or semi-exclusive basis.

A Franchise Agreement is a legal, binding contract between a franchisor and franchisee, enforced in the United States at the State level.

A franchise agreement contents can vary in content depending upon the franchise system, the state jurisdiction of the franchisor, franchisee, and arbitrator.

Best Western does not offer franchises in the traditional sense ( where both franchisee and franchisor are operating for-profit ), however.

With several exceptions, schools must have a student's consent prior to the disclosure of education records.

This code requires franchisors to produce a disclosure document which must be given to a prospective franchisee at least 14 days before the franchise agreement is entered into.

The disclosure document must be delivered at least 20 days before the execution of the agreement or any payments are made.

Individual states may require the FDD to contain their own specific requirements, but the requirements in state disclosure documents must be in compliance with the federal rule that governs federal regulatory policy.

They must be protected from unauthorized disclosure and destruction and they must be available when needed.

Generally, when an excess line insurer writes a policy, it must, pursuant to state laws, provide disclosure to the policyholder that the policyholder's policy is being written by an excess line insurer.

In the case of an unintentional disclosure of material non-public information to one person, the company must make a public disclosure " promptly.

For an individual to give valid informed consent, three components must be present: disclosure, capacity and voluntariness.

" On the other hand, if keeping the algorithm secret is not important, but only the keys used with the algorithm must be secret, then disclosure of the keys simply requires the simpler, less costly process of generating and distributing new keys.

These rules govern how a lawsuit or case may be commenced, what kind of service of process ( if any ) is required, the types of pleadings or statements of case, motions or applications, and orders allowed in civil cases, the timing and manner of depositions and discovery or disclosure, the conduct of trials, the process for judgment, various available remedies, and how the courts and clerks must function.

If a candidate meets this minimum requirement, he must file his candidacy with the Maryland State Board of Elections, pay a filing fee, file a financial disclosure, and create a legal campaign financial body.

All persons holding a dual hackney carriage or private hire driver license within the City of Chelmsford must meet strict criteria as laid down by the authority which includes license renewal every 2 years, a Criminal Records Bureau enhanced disclosure check every three years and a Driver and Vehicle Licensing Agency group 2 medical examination every four years.

In return, the principal must make a full disclosure of all information relevant to the transactions that the agent is authorized to negotiate and pay the agent either a prearranged commission, or a reasonable fee established after the fact.

In order to be accepted into this program, the taxpayer's action or omission must involve the application, or potential application of a penalty by CRA and he / she is willing to make a complete disclosure.

Initially, products that fall under the covered scope must provide markings and disclosure as to the presence of certain substances, while the substances themselves are not ( yet ) prohibited.

To protect the privacy and liberty rights of individuals, federal agencies must state " the authority ( whether granted by statute, or by Executive order of the President ) which authorizes the solicitation of the information and whether disclosure of such information is mandatory or voluntary " when requesting information.

All registered banks operating in New Zealand must issue a quarterly disclosure statement, and the Reserve Bank supervises these.

In the US, the federally required " Truth in Savings " booklet, or other disclosure document that gives the terms of the CD, must be made available before the purchase.

Although stocks quoted on the OTCBB must comply with U. S. Securities and Exchange Commission ( SEC ) reporting requirements, other OTC stocks, such as those stocks categorized as Pink Sheets securities, have no reporting requirements, while those stocks categorized as OTCQX have met alternative disclosure guidelines through OTC Market Group Inc.

The investment adviser must also provide to clients and prospective clients a written disclosure statement and allow inspection by the SEC or state regulatory agency of any books and records relating to investment advisory activities.

If a consumer report is used as a factor in an adverse hiring decision, the applicant must be presented with a “ pre-adverse action disclosure ,” a copy of the FCRA summary of rights, and a “ notification of adverse action letter .” Individuals are entitled to know the source of any information used against them including a credit reporting company.

In particular, it must be able to assess the various patterns of stock-trading that a public company may experience, often as the result of a public disclosure ( or any research reports issued by financial analysts ).