![]() |
You are here: Franchisor Book > Franchisor/Franchisee Relationship > Summary SUMMARY Probably the most crucial aspect of the development of a strong and vibrant franchising system is the strength of the franchisee/franchisor relationship. This relationship generally goes through four different stages including: (1) introduction, These stages explain the different phases that franchisees go through as they mature in their franchising relationships and programs. In addition, there are certain guidelines and commandments which the franchisee and franchisor should follow in developing and strengthening the franchise relationship. Franchising is a vibrant and strong economic opportunity. It may be greatly weakened by inappropriate relationships between the franchisor and franchisee. The final dispute resolution system generally focuses upon the use of a mediator, arbitrator, or the civil courts system of the United States of America. Hopefully, the relationship will never get to the point wherein formal methods of dispute resolution will be required. Franchising can be exciting. It can provide an tremendous opportunity for both the franchisee and franchisor. But like everything else in life, the strength of this relationship requires work and effort. When both parties work at developing the franchisee/franchisor relationship, then the franchise system will grow and everybody will prosper.
|
|