- This topic has 1 reply, 2 voices, and was last updated 10 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
if a franchise make a loss does the parent company need to record part of the loss in there p and l?
My understanding of ” Franchise” is that the
company granting the permit to use the brand
is not a owner in any way. The company gets a
payment for use of the brand name. Along with
whatever else is agreed in the permit.
Therefore if not a owner cannot record any loss.I stand corrected if not so.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.