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Is your licence or distribution arrangement really a franchise ? Many equate franchising with the well-known and recognized. When trying to expand or leverage your successful business to further growth two models that are commonly used.

Many businesspeople and professionals think that franchising and licensing are. By the term licensing, we mean a business model in which the licensor grants. In franchising, the franchisor licenses its intellectual property to the franchisee. In the case of Nungesser v Commission1 the license of plant breeders` rights.

Licensing or Distributing. In a typical licensing agreement, the licensor grants the licensee the right to sell goods. This is a question that a lot of business owners and aspiring entrepreneurs ask themselves as they try.

He lives in Durham NC with his awesome wife and two wonderful dogs. For example, franchises.

When a business is being offered as a license agreement, money is made by a one-time fee that is paid to you (maybe renewed once a year). You do not receive. Well the terms on which you grant licenses or franchises require to be cautiously measured. A licence agreement is a written contract in which you (the licensor) give another person or company (the licensee) the right to use something.

To-Am Equipment Co. Whether you need a franchise or a license agreement is dependent on the type of business arrangement, not what you decide to call the arrangement. Franchising a Business Cons. Cost - Buying a franchise is expensive.

Mature businesswoman at cafe. If you answered yes to any of these, then licensing, (not franchising ), is for you!

During intense research on starting or growing a business, individuals may come across the concept of licensing and franchising. While the two may appear to be relatively similar, stark contrasts exist.

Here are the key differences. Under the licensing model, a company sells licences to use its intellectual property, design, brand or business programmes. One of the most commonly asked questions in business ownership concerns licensing vs.

These licences are. Getting the terms correct can mean a lot. A White Paper and short discussion about greatly lowering the cost of business. Starbucks does have some franchises in Europe and allows for licensing of its stores inside of larger business like hotels, malls, and department.

Working with agents, distributors, franchising or licensing will give you a broader exposure in the market. What are the differences and. Indirect Exporting. Brand licensing vs.

Although there are pros and cons to growing your business through either licensing or franchising, your business.