A Franchise Typically Involves The Granting By One Party (A Franchisor) To Another Party (A Franchisee) The Right To Carry On A Particular Name Or Trade Mark, According To An Identified System, Usually Within A Territory Or At A Location, For An Agreed Upon Term. The Franchisee Is Granted A Franchise License To Use The Franchise Company’s Trademarks, Systems, Signage, Software, And Other Proprietary Tools And Systems In Accordance With The Guidelines In The Franchise Contract.
According To A Report Put Out By The IFA (International Franchise Association), Franchising Is Huge. As Of 2005; There Were 909,253 Franchised Business Establishments In The United States. Franchised Businesses Provided More Than 11 Million Jobs, Or 8.1 Percent Of The National Private-Sector Workforce. Franchised Businesses Supplied An Annual Payroll Of $278.6 Billion, Or 5.3 Percent Of All Private-Sector Payrolls In The United States. Franchised Businesses Produce Goods And Services Worth $880.9 Billion Per Year, Or 4.4 Percent Of Private- Sector Output In The United States.
According To A Report Put Out By The IFA (International Franchise Association), Franchising Is Huge. As Of 2005; There Were 909,253 Franchised Business Establishments In The United States. Franchised Businesses Provided More Than 11 Million Jobs, Or 8.1 Percent Of The National Private-Sector Workforce. Franchised Businesses Supplied An Annual Payroll Of $278.6 Billion, Or 5.3 Percent Of All Private-Sector Payrolls In The United States. Franchised Businesses Produce Goods And Services Worth $880.9 Billion Per Year, Or 4.4 Percent Of Private- Sector Output In The United States.
You May Apply For MGYCE Franchisee By Downloading Application Form From Our Website Or From MGYCE Centres. Fill The Form As Directed In Application Form With All Respective Prescribed Documents. Send The Application Form With Required Documents Along With Demand Draft (DD) To MGYCE H.O. Verification Department Will Conduct Verification Process Of Your Documents And Inspect Your Space Referred For Franchisee Center (Verification Process Takes 3 To 5 Working Days). If Get You Approval From MGYCE Governed Jury / Verification Department, MGYCE Will Send Sample Kit And ATC Authorization.