Franchise workshop held in the city of New York

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From June 2nd to 4th at Javits Center took place an orientation meeting on the franchise market. The President of the Chamber of Commerce of Mozambique, Álvaro Massinga, the Secretary-General, Teresa Muenda and several other businessmen representing various sectors of activity and other business associations participated in the event. The session covered matters on negotiation procedures and precautions to be taken when signing a franchising contract for those who want to enter this business model for the first time.

According to the organizers, a study must be carried out between the counterparts so that the relationships are effectively material and lasting. Time must be given for the parties to get to know each other better and the terms of the contract to be consensual and the legal and cultural aspects should always be taken into account, stressed the speakers. And as a basis, training must be extremely relevant according to the Franchise rules, as it is necessary to define standards and qualified people for the business they are committed to.