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~! PPT.#9!~

~! PPT.#9!~. BY:CASSIDY BARNETTE . Franchise. An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities . Franchisor. Franchising is the practice of using another firm's successful business model. Franchisee.

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~! PPT.#9!~

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  1. ~!PPT.#9!~ BY:CASSIDY BARNETTE

  2. Franchise • An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities.

  3. Franchisor • Franchising is the practice of using another firm's successful business model.

  4. Franchisee • A franchisee is an individual who purchases the rights to use a company's trademarked name and business model to do business

  5. Apprenticeship • the position of apprentice • Here is the definition of apprentice; • One bound by legal agreement to work for another for a specific amount of time in return for instruction in a trade, art, or business

  6. Job sharing • Alternative workschedule in which two employees voluntarily share the responsibilities of one full time job, and receivesalary and benefits on pro-rata basis. Job sharing creates regular part time (half days, alternative days, alternative weeks, etc.) where there was one full time position, and thus avoids a total loss of employment in a layoff.

  7. W-4 form • IRS tax forms are used by taxpayers and tax-exempt organizations to report financial information to the Internal Revenue Service (IRS).

  8. Net pay • Net pay is the remaining amount after deductions from the gross salary, where net means ultimate

  9. Deductions • An amount that is or may be deducted from something, esp. from taxable income or tax to be paid.

  10. Tax allowances • An amount of income that can be earned tax-free. Tax allowances vary according to a person's circumstances

  11. Exemption • The process of freeing or state of being free from an obligation or liability imposed on others.

  12. Gross pay • A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrast

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