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Franchisees will copy your business concept & use your trademarks in the process. As a franchisor, you will teach your franchisees how to use & not use your trademarks, & it is your responsibility to ensure that your trademarks are registered with the United States Patent & Trademark Office
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Basics on how to Run to a Franchise • Ensure that your company is prepared to franchise. • Secure the intellectual property of your company. • Get a financial disclosure statement ready (FDD) • Create a franchise contract. • Provide a guide to operations for franchisees. • Register or file your FDD. • Design your approach to achieving your sales targets. www.thefranchiseuniverse.com
Franchisees will copy your business concept and use your trademarks in the process. • As a franchisor, you will teach your franchisees how to use and not use your trademarks, and it is your responsibility to ensure that your trademarks are registered with the United States Patent and Trademark Office (“USPTO”) and protected from infringement uses by competitors. www.thefranchiseuniverse.com
A trademark can be the name of your business, a symbol depicting the business offerings, or both of them combined together. • Franchiseesmostly use it to identify the business, identify the goods they sell, and identify the services that they provide. • A trademark may also include slogans that are used in the identification of the business. It is a unique intellectual property of the business that distinguishes the franchise from its competitors and rivals. www.thefranchiseuniverse.com
A trademark has two sources of ownership and legal rights. It is critical that you, as franchise owners, comprehend and apply this principle. • A common-law trademark is created by your actual use of a trademark and the rights that come with it. • As a franchisor, you must control and supervise the use of your trademark by other firms. www.thefranchiseuniverse.com
Your company and brand will be spreading across the country, which will bring with it increased scrutiny. • You may be exposing your franchise system if your license and award a franchise in a territory where a third party has greater common-law rights to potential trademark infringement claims. • All that being said, now is the pulp time to enter the Franchise Magazine business. www.thefranchiseuniverse.com
Franchise news and information are available in abundance, and you can create a Top Business Franchise Magazine in the fraternity. • Franchise owners nowadays need a lot of assistance regarding the laws and regulations of running a franchise • The best franchise business magazine helps the franchise owners get information on anything and everything they need at a single destination. www.thefranchiseuniverse.com
Best Franchise Business Magazine www.thefranchiseuniverse.com
Thank You Basics on how to Run to a Franchise