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What if a franchisee stole a franchiser’s knowledge to start his own business?

QuestionsWhat if a franchisee stole a franchiser’s knowledge to start his own business?
k.diksha Staff asked 4 weeks ago

1 Answers
k.diksha Staff answered 4 weeks ago

Without being rude or sarcastic in my answer, as a friend I suggest following points to be noted in advance by franchisor(s):-
1- A lucrative franchise expansion strategy, when dealt with carefully, actually expands.
2- Yes, a franchisee can steal your knowledge because you have shared it. There are Intellectual Property Rights to control such thefts.
3- A research based and thoughtful franchise expansion partner, will always guide you for such threats beforehand and then prepare your Franchise Model.
4- You can always control your brand value by continuity in Improvements of Standard Operating Procedures.
5- If its your knowledge, others can only imitate, but you can always improve.
Talk to franchise and branding experts at https://frn.pw/1
Thanks in Advance

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