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What is a Franchise
A franchise is a simple method of expanding a business system using a legal document to secure the IP. However, there are more aspects to a franchise than just the legal rammifications. People develop franchises and people buy franchises - what it means to them is much more than the legal structure.

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Intellectual Property Rights - The Chinese Challenge
Doing business with China presents many opportunities but with that come many challenges too. Different attitudes towards knowledge and rules means that China is perhaps culturally opposed to the very notion of intellectual property. Chinese culture respects the knowledge itself and not the ownership of that knowledge and this culture has slowly developed over 5000 years. Moves are being made within China to address the issue of IP ownership, there are more courts, trials and prosecutions but Western organisations will still need to tread with caution regarding their IP rights when it comes to doing business in this exciting economy.
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