Detroit business owners who are experiencing business growth may at some point consider franchising. As a franchisor, you agree to allow someone else, the franchisee, to use things like your brand name, operating systems and other intellectual property. These rights...
Month: January 2022
Considering a joint venture
A business may decide that it wants to partner with another business for a variety of reasons. By pooling their resources, they may be able to reach a wider audience and increase their revenue. Joint venture The formal name for this type of arrangement is a joint...
