GLOWIPS Tally Franchise Services

Tally Trainings in Delhi - Gurgaon - Noida - Faridabad - India

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As practiced in retailing, franchising offers franchisees the advantage of starting up quickly based on a proven trademark, and the tooling and infrastructure as opposed to developing them.

Tally ERP - 9 Training at Site

the standard franchise agreement, working Manual and working capital requirements,

track-record of operations, and ample ability to supply materials, and

long-term operational guidance.( provided by us )

the franchise agreement must have a minimum 1 year term

Among other provisions is:

The franchisor will be liable for certain actions of its suppliers

Monetary and other penalties apply for infractions of the regulations.

The Disclosure has to take place 20 days in advance. It has to contain:

Details of the franchisor’s experience in the franchised business with scope of business

identification of the franchisor’s principal officers

litigation of the franchisor during the past five years

full details about all franchise fees

the amount of a franchisee’s initial investment

a list of the goods or services the franchisor can supply, and the terms of supply

the training franchisees will receive

information about the trademarks,including registration, usage, and litigation

demonstration of the franchisor’s capabilities to provide training and guidance

statistics about existing units, including number, locations, and operational results, and the percentage of franchises that have been terminated; and

an audited financial report and tax information (for an unspecified period of time)

The Disclosure has to take place 20 days in advance. It has to contain:

The franchisee’s confidentiality obligations continue indefinitely after termination or expiration of the franchise agreement.

If the franchisee has paid a deposit to the franchisor, it must be refunded on termination of the franchise agreement; and, upon termination, the franchisee is prohibited from continuing to use the franchisor’s marks.