RT info:eu-repo/semantics/article T1 Brand and Price: Key Signals when Opening a Franchise Outlet A1 Calderón Monge, Esther A1 Huerta Zavala, Pilar Angélica K1 Brand K1 Entrepreneurship, K1 Franchisee K1 GMM K1 Signaling theory K1 Marcas (Marketing) K1 Branding (Marketing) AB This article focuses on the choice of franchise by a potential fran-chisee, opening an outlet for the first time. The aim is to analyze therelationship between two signals—brand equity and price—sentby the franchisor, and the choice of franchise. Signaling theoryprovides the method to analyze this relationship. Using data panelmethodology, we conclude that brand equity, up-front franchisefees, and initial investment are the signals taken into account bySpanish franchisees when starting up franchise stores between 2002and 2008. PB Routledge SN 1049-6491 YR 2015 FD 2015-08 LK https://hdl.handle.net/10259/11046 UL https://hdl.handle.net/10259/11046 LA eng DS Repositorio Institucional de la Universidad de Burgos RD 12-may-2026