What is a franchise?

A franchise appears when a company (giver of the franchise) licenses their trade name (brand) and their way of working (business system) to a particular person or group (user of the franchise) who agree that they will do business in accordance with the conditions of the contract (franchise agreement). The giver of the franchise ensures the user support, and, in some cases, they have a certain control over the user's way of doing business. In return, the user of the franchise pays the giver an initial fee (named franchise fee) and a business fee (royalty) for the usage of the trade name and the way of doing business (in our case through educational packages).

 

Conditions of our franchise:

The company InFace Invest Group Ltd has two franchise agreement models in their business:

 I Model: Franchise agreement of the SFT21 system

II Model: Franchise agreement of the company InFace Invest Group Ltd

 

I model:

The franchise agreement of the SFT21 system is intended for physical and legal entities who after signing the franchise agreement, as SFT21 franchisees, participate in the formation and expansion of the brand SFT21, i.e. our online business-social community. SFT21 franchisees do business in accordance with the business rules of our company with the help of educational packages which can be used for building their own business in our company, but they can also be used in their business activities outside the SFT21 system. The review period of the SFT21 system, the functionality of educational packages and details of the franchise agreement is within the first 90 days with a 100% money-back guarantee after the expiration of those 90 days.

Remark: The period of 90 days applies to the checking of everything stated, whereas the introduction and signing of the franchise agreement refers to the period within 20 days after the 80th day.

 

II model:

The franchise agreement of the company InFace Invest Group Ltd appertains to renting space on the portal of the company InFace Invest Group Ltd with educational packages (educational packages adjusted to the company model which integrates its business activity on the portal of the company InFace Invest Group Ltd) and the implementation of the patented system SFT21, a patented formula of a binary matrix with the full support of InFace Invest Group Ltd management.

The review period of the SFT21 system, the functionality of educational packages and details of the franchise agreement is within the first 90 days with a 100% money-back guarantee after the expiration of those 90 days.

Remark: The period of 90 days applies to the check of everything stated through the I model, while the introduction and signing of the franchise agreement after the 80th day within 20 days opens for the SFT21 system the possibility of signing the franchise agreement with the company InFace Invest Group Ltd, which isn't a requirement for the signing of the franchise agreement with the company InFace Invest Group Ltd (but a possibility to check everything stated).