Franchise
The Franchising of the NOWS
Mission Statement:
It is the expressed intent of Symbiotic Publishing Company, a wholly owned division Symbiotic Networks Inc. (SNI), to build internet based information platforms (the NOWS) for the purpose of disseminating information from ourselves, and others, that is of a vital interest to the online public.
It is our continued intent that this information be presented to that public in accordance with our strict standards, in respect to quality control of its presentation, and that presented informational content be not of a nature of overt pornography or intended slander.
Furthermore, all content presented on the NOWS may be of any manner of subjects, providing that presented content is of a worthwhile nature, and presented via a measurable modicum of intellect.
While it is the ultimate intention that these informational platforms be well constructed for the supreme purpose of the public expression of a worthwhile, and an informative nature, it is equally important that these informational vehicles be profitable for the creative originators / franchisors and the franchisees. That capitalistic equilibrium must be maintained between the two parties fore the risk of failure will be near at hand, and that is an untenable eventuality.
Process of Distribution:
The NOWS are produced by the creative / tech team of Symbiotic Publishing Company and powered by the proprietary script, Symbiotic Publisher, which is exclusively owned by Symbiotic Networks Inc.
These information platforms of the NOWS, are owned by Symbiotic Publishing Company, and will reside on our servers for perpetuity. The Franchisees will own, by lease, a portion of the rights to the franchise, and will have the right to dissolve their franchisee relationship with the franchisor on an annual basis, or at a longer duration with the expressed mutual consent of both parties. At the end of each mutually agreed upon period, an ongoing agreement between both parties must be fully ratified.
The content provided by Symbiotic Publishing Company (SPC) is owned in whole, or in part, by SPC, and may not be used by the franchisee in any other context other than on the platform of their leased NOW. The content provided by the franchisee will be owned in part by both parties for perpetuity, and my be used in any manner as individually subscribed to by either party.
Requirements of Either Party:
The Franchisor will be required to continue all normal maintenance of the information platform that is outside of the simple day to day maintenance of this Content Management System (CMS) based site. Any unusual work needed to correct damage done by franchisee, whether intentional or unintentional, to continue the proper intended performance of the platform will be the cost of the franchisee, and will be billed at a rate of 55.00 per hour.
Furthermore, the Franchisor will be required to provided suitable space and the necessary bandwidth on his servers to accommodate the needs of the Franchisee.
Furthermore, the Franchisor will provide the Franchisee with access to all content collected and stored by Symbiotic Publishing Company. The Franchisee fully understands that their content is owned in part by Symbiotic Publishing Company, and may be collected for SPC's use, and the use of other Franchisees within the NOWs' construct. All content used must designate its point of origin and back linked to that place.
For the success of any Franchisee, and the NOW under their care, it is imperative that the Franchisee, and, or their staff, their contributors, create fresh compelling content on a regular basis. To that extent, the Franchisor will impose individual and arbitrary standards upon each Franchisee, the fulfillment of which are conditional upon their continuance as a Franchisee, and thus will be reviewed on an annual basis, or at a longer duration with the expressed mutual consent of both parties.
The Profit Model:
The Franchisor will be profited by an annual franchise payment that will be increased - never reduced - by an increase in Franchisee traffic, which will be determined by the Franchisor's consistent method of traffic counting. The Franchisor will be paid any additional fees, as an increased annual franchise fee, based on the aforementioned increased traffic, which will be based on a bundle of influential traffic-based factors that should, as well, stipulate the Franchisee's basis for advertisement fees. That ratio of increase, which is based on Symbiotic Publisher's standard advertisement model not listed in this document, is be based on the concept that 20 percent of the projected annual increase go to the Franchisor, and 80 percent the Franchisee. This increase will be paid whether the Franchisee sells advertisement or not. This is the only way, and only time, that the Franchisor participates in any revenue derived from advertisement.
While the Franchisor will remain consistent in the annual franchise fees collected by the increased traffic model and participation ratio, the Franchisor reserves the right to negotiate an initial franchise fee, based on multiple factors ratio, with each independent Franchisee. Once this annual fee is set it will never be raised or lowered.
The Franchisee will be paid a 15% fee, which is the top fee paid to any Representative Group for Symbiotic Publishing Company, for all web based services brought to SPC by the Franchisee. The Symbiotic publishing Company will be responsible for pricing all work performed, and all billing and collecting of all aforementioned services. Providing that the Franchisee acts in accordance the standards of any Representative Group, they will continue to be paid that 15 percent fee for these clients' services performed by SPC, including the monthly fee charged for the client's' use of SPC's proprietary script, Symbiotic Publisher.
Furthermore, some Franchisee's will qualify for Symbiotic Publishing Company's In-house Shop Plan. This plan is specifically for an in-house website development shop under the Franchisee's purview. For this service, Symbiotic Publishing Company will charge a flat 2,000.00 annual fee for the duration of their franchise rights. The 2,000.00 flat fee will include up to 25 hours of consultant / training / performance assistance fees. Any further time required of SPC will be billed at a rate of 55.00 per hour This will be the only fees charged by SPC, or participation by SPC in revenues collected by the Franchisee.
We're here to help, and by that maxim, may we all be resolved to profit accordingly.
Sharing the potential:
Franchisees, in good standing and that run an in-house website development shop, will be afforded the opportunity to purchase their franchise, with minimal performance covenants, after a minimum of 5 years of leasing said franchise. The cost of the purchase of an individual franchise will be the lease fee of its last year times a 6 multiple. The aforementioned minimum performance standards are designed to insure a modicum of quality control, so as not to detract from the concept of the NOWs, which is for the benefit of the NOWs. All previous agreements on the ownership, and allocation of all content use on the NOWs will remain intact.
For Franchisee owners, there will be no future annual franchise lease fee; however, there be a monthly service fee of our proprietary script, Symbiotic Publisher, which will be provided at a discount (currently around 25.00 to 35.00 per month depending on server usage needs), and all technical services required to continue that franchised NOW, and the in-house website development shop, which also be offered at a discount (currently 55.00 per hour).
All franchise owners of the NOWs will possess the right to purchase exclusive stock in Symbiotic Publishing Company stock, which represents the ownership of the all the NOWs, and the income derived from the NOWs (all franchise lease fees, all franchise ownership purchases, all aforementioned related service fees to franchise owners, all advertisement fees derived from all of Symbiotic Publishing Company's owned (excluding franchise leased / owned) and controlled NOWs, and all web construction services fees derived from all company owned NOWs and other franchised NOWs, who represent the technical services provided by Symbiotic Publishing Company. All stock share prices to be determined at time of sell. 20 percent, and no greater amount, of the corporate shares will be ultimately offered to qualified purchasers.