Restaurant Franchising, 3rd Edition

Glossary 567

Initial franchise fee is the fee required by the franchisor and is based on the

duration of term for which the franchise agreement is signed, which may

be from fi ve to twenty years. This fee does not include any development

fee or any other fess that may be required to be paid in advance.

Initial opening training program is designed to provide assistance during

the opening period of the restaurant.

Internet can simply be visualized as a network of computers connected with

each other. There are several information and service units distributed

to networks on the Internet. Several million users can have access to the

information provided ...