Ideally a departing franchisee will be immediately replaced, either by a new recruit to the network or by an existing franchisee wishing to expand their territory. In either case the departing franchisee will usually want to realise the value of the business he or she has created, so a business sale of some form will take place.
What is a trade mark? A trade mark can be anything which can be represented graphically, distinguishing goods and services of one person or company from another. A trade mark can be words, logos, symbols or slogans. By registering a trade mark, the owner has the legal exclusivity to use the mark in connection with […]