What does the initial fee mean?

Refers to joining a group _ organization. Can be extended to the commercial field, referring to the agent joining of commercial brands. Franchising is an enterprise organization, or a continuous contractual relationship between franchise chain headquarters and franchise stores. According to the contract, unique commercial privileges must be provided, and unconditional assistance (personnel training, organizational structure, operation and management, commodity supply and marketing) must be added. And franchisees also need to pay relative compensation.

There are many types of franchising, which can be divided into voluntary franchising, entrusted franchising and franchising according to the proportion of capital contribution and operation mode.

To expand information, we must choose a chain system with considerable experience, including the length of operation and the number of stores; If it is a brand that has not been established for a long time and has few stores, the risk is naturally higher because of its lack of experience in chain stores.

The headquarters to join must be a legally registered company or line number, and the object of signing the contract on behalf of the company must be the legal agent of the company. In addition, joining means that the headquarters authorizes the brand to the franchisee, and the headquarters must have the trademark right of this brand before it can be authorized to the franchisee.

References:

Baidu encyclopedia-join