ktMINE Streamlines Franchise Agreement Searches
ktMINE Royalty Rates and Records Database now includes more than 900 franchise agreements.
Chicago, IL, May 26, 2010 --(PR.com)-- ktMINE, an intellectual property (IP) data and information services firm, today announced that the ktMINE Royalty Rates and Records Database now includes more than 900 franchise agreements. ktMINE provides IP data, documents and analysis tools aggregated from publicly available records.
Franchise agreements with usable payment data can be very difficult to obtain. Many franchises are not publicly traded and therefore are not required to file agreements with the SEC, one of the largest public resources for material contracts. Franchises that do file agreements with the SEC often post documents with redacted royalty rates and payment terms, as fully disclosing this information could make them vulnerable to competitors.
Given the scarcity of usable franchise agreement data on the SEC, ktMINE developed custom technology and algorithms to seek out franchise agreements across a wider array of public sources. If an analyst tried to replicate this search process, it could be exponentially time-consuming and costly in comparison with ktMINE’s speed, depth and breadth in mining the public domain.
“Analysts using ktMINE can significantly streamline a franchise agreement search,” states David R. Jarczyk, COO of ktMINE. “Not only do they have access to over 900 non-redacted franchise agreement summaries which can be quickly filtered by criteria such as industry, they also have unlimited access to the actual source documents containing detailed licensing terms.”
About ktMINE
Based in Chicago, IL, ktMINE is an intellectual property (IP) data and information services firm. ktMINE's Royalty Rates and Records Database was created by a team of transfer pricing and valuation experts to simplify the process of finding defensible market comparables. Through a proprietary method, ktMINE is able to provide both common and hard-to-find market comparables along with authoritative documentation. ktMINE’s customers include tax authorities and industries such as business valuation, transfer pricing, M&A, expert witness, IP law and litigation and technology transfer. www.ktMINE.com
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Franchise agreements with usable payment data can be very difficult to obtain. Many franchises are not publicly traded and therefore are not required to file agreements with the SEC, one of the largest public resources for material contracts. Franchises that do file agreements with the SEC often post documents with redacted royalty rates and payment terms, as fully disclosing this information could make them vulnerable to competitors.
Given the scarcity of usable franchise agreement data on the SEC, ktMINE developed custom technology and algorithms to seek out franchise agreements across a wider array of public sources. If an analyst tried to replicate this search process, it could be exponentially time-consuming and costly in comparison with ktMINE’s speed, depth and breadth in mining the public domain.
“Analysts using ktMINE can significantly streamline a franchise agreement search,” states David R. Jarczyk, COO of ktMINE. “Not only do they have access to over 900 non-redacted franchise agreement summaries which can be quickly filtered by criteria such as industry, they also have unlimited access to the actual source documents containing detailed licensing terms.”
About ktMINE
Based in Chicago, IL, ktMINE is an intellectual property (IP) data and information services firm. ktMINE's Royalty Rates and Records Database was created by a team of transfer pricing and valuation experts to simplify the process of finding defensible market comparables. Through a proprietary method, ktMINE is able to provide both common and hard-to-find market comparables along with authoritative documentation. ktMINE’s customers include tax authorities and industries such as business valuation, transfer pricing, M&A, expert witness, IP law and litigation and technology transfer. www.ktMINE.com
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ktMINE
Nancy Desmond
312.420.5213
www.ktMINE.com
Nancy Desmond
312.420.5213
www.ktMINE.com
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