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- W76695199 abstract "A ppraisers operate on the presumption that however different the individual business is from all others, busi nesses within a specific industry nonetheless share certain charac teristics that make it possible to compare one to another and thus derive a value. Franchise operations, however, are a breed unto themselves, and this makes the valuation of these enter prises a unique process. The chief reason for this is the fact that the relationship between franchisors and franchisees is a business partnership in which each party owns and derives value from different forms of property. Typically, the fran chisor owns and manages only the intellectual property involved in the relationship, such as goodwill, logos, brands, trademarks, advertis ing slogans, and business systems and processes (for example, recipes in the case of the fast food franchisor). The franchisor generally does not engage in the delivery of products or services to the con sumer unless, of course, it operates company-owned stores or manufactures or sells products to its franchisees. Nevin Sanli" @default.
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- W76695199 date "2006-01-01" @default.
- W76695199 modified "2023-09-27" @default.
- W76695199 title "Appraisal of Franchises Requires the Use of Unique Valuation Procedures" @default.
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