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Franchises

What is the Franchise?


A franchise is a product or service marketing system, based on the close and continued collaboration between legally and financially independent companies: the franchisor and its franchise holders.

The franchisor, in exchange for economic compensation, can grant you the right to independently operate a business concept that has already been successfully tried and tested, in a set time period and area; permitting you to use

  • the franchisor's trade name or product or service brand name
  • its know-how
  • its technical and business methods and procedures
  • intellectual property rights
  • the frachise holder's previous experience, with the constant provision of commercial and technical assistance

The terms of this business

Franchisees

A franchise is a product or service marketing system, based on the close and continued collaboration between legally and financially independent companies: the franchisor and its franchise holders.

As the franchisor you can grant the franchise holder the right to run their business according to their own concept, already successfully tried and tested, within a set time period and area, receiving economic compensation in return.

The franchise holder is authorized to use the franchisor's trade name or product or service brand names, its know-how, technical and business methods, procedures, as well as other intellectual property rights, but they are obliged to manage the business in accordance with the concept developed by you, investing time, money and effort in order to "clone" this business in the area it is in.

The terms of this business collaboration are governed by a written franchise contract.

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Franchisors

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Cuenta Expansión Negocios

Expansión Negocios Plus Account

An interest-bearing account without fees designed to offer much more for your business. Whether you are self-employed, a store or a small company you will enjoy additional advantages and services free of charge.

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Expansión Negocios Account

The Expansión Negocis Account aims to be convenient and meet all the needs of your business.

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