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	<title>Philippine Franchise &#187; Definitions</title>
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	<description>PhFranchise - Philippine Franchise Directory</description>
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		<title>Business Format Franchising &#8211; Definition</title>
		<link>http://phfranchise.com/business-format-franchising-definition/</link>
		<comments>http://phfranchise.com/business-format-franchising-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 20:22:42 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[business format]]></category>
		<category><![CDATA[business relationship]]></category>
		<category><![CDATA[duration]]></category>
		<category><![CDATA[franchisee]]></category>
		<category><![CDATA[franchisees]]></category>
		<category><![CDATA[franchisor]]></category>
		<category><![CDATA[management decisions]]></category>
		<category><![CDATA[management problems]]></category>
		<category><![CDATA[matrix]]></category>
		<category><![CDATA[operating system]]></category>
		<category><![CDATA[relationship business]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1969</guid>
		<description><![CDATA[The franchisor licenses the franchisee a complete plan &#8211; a business format, operating system and trademark to his/her franchisee. The plan provides step-by-step procedures for major aspects of the business and, anticipating most management problems, provides a complete matrix for management decisions confronted by the franchisees.The franchisor also teaches the franchisee the entire business format [...]]]></description>
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		<title>Estimated Initial Investment &#8211; Definition</title>
		<link>http://phfranchise.com/estimated-initial-investment/</link>
		<comments>http://phfranchise.com/estimated-initial-investment/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 19:22:35 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[estimates]]></category>
		<category><![CDATA[franchised business]]></category>
		<category><![CDATA[franchisor]]></category>
		<category><![CDATA[furniture fixtures]]></category>
		<category><![CDATA[initial investment]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[insurance inventory]]></category>
		<category><![CDATA[provision]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[working capital]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1985</guid>
		<description><![CDATA[A detailed listing of all fees and expenses you can expect to incur in starting your franchised business. This listing represents the total amount that you would need to pay or get financing for, including fees paid to the franchisor; estimates for furniture; fixtures and equipment; opening inventory; real-estate costs; insurance inventory; etc. This estimate [...]]]></description>
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		<item>
		<title>Head Lease &#8211; Definition</title>
		<link>http://phfranchise.com/head-lease-definition/</link>
		<comments>http://phfranchise.com/head-lease-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 17:31:10 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[financial assistance]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[franchisee]]></category>
		<category><![CDATA[franchisor]]></category>
		<category><![CDATA[inducements]]></category>
		<category><![CDATA[landlord]]></category>
		<category><![CDATA[landlords]]></category>
		<category><![CDATA[premises]]></category>
		<category><![CDATA[prime locations]]></category>
		<category><![CDATA[relationship]]></category>
		<category><![CDATA[tenant improvements]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1998</guid>
		<description><![CDATA[Locations where the franchisor has leased the premises and then sublets to the franchisee. There are a number of reasons for this practice. Landlords prefer to have the company financially committed in exchange for leasing prime locations, possibly providing tenant inducements of some free rent or financial assistance towards the tenant improvements such as lighting, [...]]]></description>
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		<item>
		<title>Franchise Contract &#8211; Definition</title>
		<link>http://phfranchise.com/franchise-contract-definition/</link>
		<comments>http://phfranchise.com/franchise-contract-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 15:31:03 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[financial aspects]]></category>
		<category><![CDATA[franchise contract]]></category>
		<category><![CDATA[franchisee]]></category>
		<category><![CDATA[franchisor]]></category>
		<category><![CDATA[performance targets]]></category>
		<category><![CDATA[premises]]></category>
		<category><![CDATA[royalties]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1992</guid>
		<description><![CDATA[The legal agreement between the parties which sets out the terms under which the Franchisee will operate the business. The terms usually include the following: * The right to use the trade name * The Franchisee&#8217;s obligations * The Franchisor&#8217;s obligations * The premises and the territory * Length of Franchise contract * Financial aspects [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Federal Trade Commission (FTC) &#8211; Definition</title>
		<link>http://phfranchise.com/federal-trade-commission-ftc/</link>
		<comments>http://phfranchise.com/federal-trade-commission-ftc/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 14:30:59 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[federal trade commission]]></category>
		<category><![CDATA[franchise industry]]></category>
		<category><![CDATA[ftc]]></category>
		<category><![CDATA[trade practices]]></category>
		<category><![CDATA[washington d c]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1989</guid>
		<description><![CDATA[The federal agency, based in Washington, D.C., regulating a variety of trade practices, including the franchise industry.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Earnings Claims &#8211; Definition</title>
		<link>http://phfranchise.com/earnings-claims/</link>
		<comments>http://phfranchise.com/earnings-claims/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 11:30:51 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[assertions]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[franchise companies]]></category>
		<category><![CDATA[profitability]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1983</guid>
		<description><![CDATA[Assertions of specific acquired sales levels or profitability levels declared by franchise companies.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Equity Investment &#8211; Definition</title>
		<link>http://phfranchise.com/equity-investment-definition/</link>
		<comments>http://phfranchise.com/equity-investment-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 10:30:45 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[equity investment]]></category>
		<category><![CDATA[lending institution]]></category>
		<category><![CDATA[security property]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1979</guid>
		<description><![CDATA[The amount available to be borrowed against your security property based on a formula calculated by the lending institution]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Disclosure Document &#8211; Definition</title>
		<link>http://phfranchise.com/disclosure-document-definition/</link>
		<comments>http://phfranchise.com/disclosure-document-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 09:30:43 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[aids]]></category>
		<category><![CDATA[business days]]></category>
		<category><![CDATA[disclosure document]]></category>
		<category><![CDATA[franchise agreement]]></category>
		<category><![CDATA[franchisor companies]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[prospective franchisee]]></category>
		<category><![CDATA[prospective franchisees]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1976</guid>
		<description><![CDATA[All franchisor companies are should provide this document to prospective franchisees at the first personal meeting to discuss the sale of the franchise, and at least ten business days prior to the prospective franchisee signing a franchise agreement, or paying the franchisor money to buy the franchise. The document aids the prospective franchisee&#8217;s evaluation of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Disclosure &#8211; Definition</title>
		<link>http://phfranchise.com/disclosure-definition/</link>
		<comments>http://phfranchise.com/disclosure-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 08:30:39 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[disclosure]]></category>
		<category><![CDATA[franchisor]]></category>
		<category><![CDATA[litigation]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1975</guid>
		<description><![CDATA[Revealing facts to others. In the sense used herein, these facts may be complimentary to the franchisor or may be uncomplimentary, such as disclosing a prior bankruptcy or litigation involving the franchisor or key persons as defendants.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Demographics &#8211; Definition</title>
		<link>http://phfranchise.com/demographics-definition/</link>
		<comments>http://phfranchise.com/demographics-definition/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 06:30:36 +0000</pubDate>
		<dc:creator>Franchisee</dc:creator>
				<category><![CDATA[Definitions]]></category>
		<category><![CDATA[consumer behavior]]></category>
		<category><![CDATA[demographics]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[socioeconomic conditions]]></category>

		<guid isPermaLink="false">http://phfranchise.com/?p=1972</guid>
		<description><![CDATA[A range of factors that may influence consumer behavior in a specific trade territory e.g. age, income, house prices, industry, socioeconomic conditions.]]></description>
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