Categories
- Arts & Entertainment
- Business
- Advertising
- Bookkeeping
- Branding
- Careers
- Careers Employment
- Change Management
- Communication
- Corporate
- Customer Service
- Entrepreneurialism
- Ethics
- Financing
- Franchise
- Fundraising
- Human Resources
- Management
- Marketing
- Marketing Direct
- Negotiation
- Networking
- Outsourcing
- Partnerships
- PR
- Presentation
- Public Relations
- Resumes Cover Letters
- Sales
- Sales Management
- Sales Teleselling
- Sales Training
- Small Business
- Strategic Planning
- Team Building
- Top7 or 10 Tips
- Venture Capital
- Workplace Communication
- Communications
- Computers
- Culture & Society
- Disease & Illness
- Fashion
- Finance
- Food & Beverage
- Health & Fitness
- Hobbies
- Home & Family
- Home Based Business
- Internet Business
- Legal
- Pets & Animals
- Politics
- Product Reviews
- Recreation & Sports
- Reference & Education
- Religion
- Self Improvement
- Shopping
- Travel & Leisure
- Vehicles
- Writing & Speaking
International Franchise Agreements and Language Issues
Submitted: 2007-01-17 11:42:33
Print this article | Tell a friend | For publisher |
When dealing with foreign investors and franchising in another country often language and interpretation of word meanings can get clouded. Additionally tenses or gender of words can change what a sentence says or means in an agreement. In franchising Internationally this becomes a real issue because of the number of potential countries an international US Based, Australian or European Based Franchisor might franchise in.
As we expanded our company into other markets we found this to be extremely problematic due to the fact that a particular country may have different dialects and issues in their own language itself, not to mention the English versions of the words and their meanings. One issue we immediately noticed when trying to deal in multiple languages is that even the topics in the table of contents were at issue. So, I addressed this issue by inserting this clause into our international contracts for franchising our business model;
7.20 Headings and Table of Contents
The headings and Table of Contents used in this Franchise Agreement are for purposes of convenience only and shall not be used in constructing the provisions hereof. As used in this Franchise Agreement, the male gender shall include the female and neuter genders, the singular shall include the plural and the plural, the singular.
- - - - -- - - --
Although this did not solve all the issues it did in fact assist us in some of the issues and helped us from causing ourselves litigation issues over miss interpretations due to language barriers, mistakes or cultural differences in basic word meanings and sentence structures. Perhaps you will consider this in 2006.
Lance Winslow
Article source: Expert Articles
Most Recent Articles in Franchise category
- Franchising: Questions You Should Ask A Franchisor - By: Nazeer Daud
If you're starting a business, you may have considered purchasing a franchise rather than starting a company from scratch. This is particularly common in certain sectors, and has many solid advantages over starting a business on your own. - 7 Characteristics Of Business Models Perfect For Franchising - By: Nazeer Daud
When rapid business growth is on the menu, you might be considering franchising as a way to sky-rocket infrastructural development and revenue acceleration. For many this is a good choice, however for others it just isn't going to work. - Franchising Your Business & What To Look For In Franchisees - By: Nazeer Daud
Franchising your business can help you to achieve scale much quicker than you would otherwise be able to. It also means that you won't have to raise as much debt and equity financing as if your business decided to go it alone. - Buying A Business Franchise - The Basics - By: Nazeer Daud
Before you buy a business franchise, you should make sure you're ready. From choosing the franchise that's right for you, to making sure you're right for the franchise, this article takes you through the steps you'll need to cover in order to get your franchising dreams off the ground. - Guide- Business Franchising Territories - By: Neerja Shukla
Business franchising arrangements are usually conducted on the basis of a particular geographic area or territory. The franchisee breaks up the licensing of his business between different franchising territories, to ensure there's no overlap of competition between franchises and to geographically grow the business nation wide or even world wide. - Business expert shares key factors to consider before purchasing a franchise - By: Kyle B
Business expert shares key factors to consider before purchasing a franchise Know your strengths and stay focused - Business Franchising Territories - By: Nazeer Daud
Business franchising arrangements are usually conducted on the basis of a particular geographic area or territory. The franchisee breaks up the licensing of his business between different franchising territories, to ensure there's no overlap of competition between franchises and to geographically grow the business nation wide or even world wide. - Key Business Franchising Contract Terms - By: Nazeer Daud
Business franchising agreements are commonplace, and tens of thousands of these contracts are signed every single day around the world. More often that not, the agreements underpinning business franchising arrangements are written by qualified and skilled commercial lawyers experienced in this kind of arrangement. - Why Business Franchising Is A More Popular Investment Choice For Banks - By: Nazeer Daud
Critical to starting a business is having the appropriate finance in place, and money alone is the number one reason most - as much as 90% - of business ventures fail during the early start-up period. - Franchises in the UK Market: Previous experience necessary? - By: Michiel Van Kets
The number of franchises in the UK increases every day as awareness of the market grows and more people choose to opt out of the traditional 9-5 work routine and work for themselves.
