Examlex
Several layers of law are enacted at different levels of government to provide the framework for business and personal rights and duties. At the base of this framework of laws is/are:
Franchise Percentage
The portion of revenues or profits given to a franchisor by a franchisee as a contractual payment for being part of the franchisor’s system.
Personnel Training
The process of providing employees with the necessary skills and knowledge to perform their jobs effectively.
Operational Standards
Established criteria or guidelines that dictate the processes and procedures for achieving efficient, effective, and safe operational performance.
Franchisee Control
Franchisee control involves the governance and regulatory measures that a franchisee must adhere to as set by the franchisor, often detailed in the franchise agreement.
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