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TSS Photography

A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.

The Sports Section was founded in 1983 by R. Daniel Burgner and Carl Hansson and it started franchising in 1984. The Sports Section, which has locations in the United States and Canada, is based in Duluth, Georgia and is presently franchised across 45 states as well as Canada, Australia and New Zealand. With more than 225 franchise units in the network family, the sports section photographs more than 1.5 million children each year. The costs and fees include total investment of 90400 to 214780 dollars and the franchise fee is over 20000 dollars. Their ongoing royalty fee is 7 percent and Term of agreement is 20 years which is renewable. The company’s ranking in Franchise 500 is 202 in 2006, 163 in 2005, 141 in 2004, 127 in 2003, and 140 in 2002. In Top home based franchises ranked 53 in 2006, 39 in 2005, 32 in 2004, 29 in 2003, and 23 in 2002, in America's Top Global Franchises ranked 114 in 2005, and 105 in 2004.

TSS holds a yearly meeting which provides opportunity for Franchisees to exchange ideas, attend workshops, see new products and experience their family environment. During the year, TSS holds mini conferences held all over the country that assist franchisees in growing their business. A territory is awarded according to population within their targeted area. The director of Franchise Development will discuss with the customer about the population in their territory and explain that which plan is appropriate for the area that they are purchasing.

With all the continuous hard efforts of all the members of the firm has made it one of the best in the business and has helped them reach to the pinnacle where others can only imagine of reaching.

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