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            8500 Wilshire Blvd.    Suite 1026,     Beverly Hills,    CA    90211

              Tel: (310) 659-2444,   Fax: (310) 659-7222,   www.TRADEattache.com

 

Franchise Opportunities

 

What is it?

 

In alliance with Dun and Bradstreet, Inc., TRADEattache.com, Inc. a Delaware corporation (TA), owns and operates the largest Internet based trade directory in the world. The data base contains information on close to 5,000,000 companies from 200 countries and/or economic regions around the world.

 

Companies that wish to have more prominent listings in TA’s directory are afforded the opportunity to purchase Enhanced Listings on TA’s site for a monthly fee charged to their credit card.

 

TA itself markets this service through telemarketing campaigns directed at a number of markets. For countries that are not currently covered by TA’s own direct telemarketing, TA would consider granting franchise licenses to qualified operators who have a demonstrable ability to promote TA’s services in such markets in return for a share of revenues generated in those markets. 

 

This is typically done through local telemarketing companies, chambers of commerce and/or trade associations.

 

How does it work?

 

From time to time TA, at its own discretion, designates countries that qualify under this program. The franchise rights are then offered to potential licensees who have a proven track record in attracting sufficient numbers of manufacturers, exporters, importers and distributors of products within that country.

 

The general principles of the Franchise License are as follows:

 

1.       Franchisee’s track records, infrastructure, capabilities and financial standing need to be approved by TA.

2.       Franchisee commits to set up the required infrastructure (such as offices, Internet access, phones, personnel, etc.). The franchisee will also provide the necessary marketing resource or resources.

3.       Franchisee will pay a one time Franchise Fee which will be determined by TA depending on the size of the market in the country of Franchise.

4.       Franchisee will be expected to generate a minimum monthly revenue for TA, which will start from a token amount and grow on an annual basis.

5.       Franchisee will be granted 3-4 months reprieve in order to set up the infrastructure, train his marketing resources and his office personnel (if any) and have sufficient time to offer 2-3 months free listings to his customers. During that time TA shall not expect any revenues from the Franchisee’s operations.

6.       TA will provide initial site and telemarketing training to Franchisee’s human resources at TA’s offices in Los Angeles.  Franchisee shall cover all other expenses such as salary, travel, lodging etc.

7.       Depending on the market, the Franchisee will earn between 30%-40% of the total gross revenue generated in the Franchise country by the Franchisee or through other means such as voluntary client registration on the site.

8.       TA will be responsible for maintaining the site.

9.       Franchisee will be responsible for all of the expenses of running a clean and effective operation in his/her country of franchise, including adherence to all local laws and regulations.

10.   Franchisee will have exclusive rights to the country and the contract is expected to continue indefinitely, as long as the Franchisee is not in default.

11.   Franchisees are also paid a 15% commission on any Banners they generate for TA’s site.

 

Other terms and conditions

 

After a contract is signed and the initial fees are paid, the Franchisee is required to designate at least one resource and send them to TA’s head office for a period of training which takes between one to three weeks. The training is done under the supervision of TA’s Marketing Director and at TA’s expense. However the cost of the employee’s salary, travel, lodging, insurance and incidentals are borne by the Licensee.

 

During the training period the Franchisee’s resource is trained in the various functions and capabilities of the site, familiarized with the use of the codes and the uploading of listing data.

 

At any time during the term of the contract the Franchisee may request training for more resources which TA commits to provide, and TA staff will be available to provide assistance and offer support on issues which may come up from time to time during the term of the contract.

 

All issues relating to Franchisee’s accounting, administration, collections, payment of taxes, rules and regulations, labor practices, etc. within the Franchise region must be handled by the Franchisee in conformity with all such laws, normal business practices and TA’s regulations. Franchisee’s local policies, practices must be provided to TA in writing and approved by it. TA will not unreasonably withhold its approval.

 

All issues regarding the administration of the site, its maintenance, improvements, enhancements, online customer support, listing approvals or cancellation are done by TA at its own cost.

 

Franchisee at all times will act as an independent contractor and under no circumstances may be construed as being TA’s employee. Franchisee will not be authorized to make any representations or warranties on behalf of TA and will be required to sign a confidentiality agreement with it.

 

TA reserves the right to make any changes to the site’s looks and/or services without the authorization of the Franchisee and it will not be responsible for Internet failures, down times etc.

 

Franchisee shall have no rights or claims to TA’s database, site, logos, trade markets or any of TA’s other assets in law or equity.

 

Nothing in this document shall be construed as an offering by TA or an agreement by TA to enter into any contracts or agreements with any potential franchisee or third parties.

 

 

 

 

For any questions regarding this program please contact Mr. John Moran, Vice President of Marketing, at (310) 659-2444.