My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Starting a Business

How do I set up a cost or royalty fee for running a replica of my website in another country?

I have a US brand product. A client wants to sell the same product in the UK and create a website that matches my US website. Is this franchising and licensing? If so, can I charge money or royalty fee for the use of my art and website code?
Opinions expressed by Entrepreneur contributors are their own.
You can certainly set up a royalty or commission sales arrangement with anyone wanting to sell your products. It's not clear from your brief description, though, whether using an exact replica website is an absolute condition of selling your product (e.g., is part of the business model the client is buying into) or whether it's just a matter of convenience for the client. That, and other questions, should be reviewed with an attorney specializing in franchise law to see whether you have crossed the line between a license and a franchise. The reason for this is that you cannot legally establish a franchise without it being registered with the state franchising authorities and possibly the Federal Trade Commission. In addition, different states have slightly different criteria for when you cross the line from one to another.

6 Years After 'Shark Tank,' This Lobster Roll Food Truck Clawed Its Way Into a Multi-Million Dollar Business