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What are "DINKS"? Give an example.
Franchisor's Standards
Regulations and expectations set by the franchisor that the franchisee is required to follow to maintain the consistency and quality of the brand.
Franchise
A licensed privilege to operate a business under a larger company's brand and operational model, often including a specific geographic area.
Franchise Rule
A regulation designed to govern the sale of franchises, requiring franchisors to provide potential franchisees with disclosure documents containing vital details about the franchise.
Federal Trade Commission
A U.S. government agency aimed at protecting consumers and ensuring a strong competitive market by enforcing antitrust and consumer protection laws.
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