View source for HCO PROCESSING FRANCHISE

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== Definitions ==

a [[SECOND|second]] and [[DIFFERENT|different]] type of [[HCO|HCO]] [[FRANCHISE|Franchise]] in addition to the [[HCO_HAS_CO-AUDIT_FRANCHISE|HCO HAS Co-audit Franchise]]. It permits an [[INDIVIDUAL|individual]] [[AUDITOR|auditor]] in practice to receive immediate bulletins, discounts, and tests, and requires that he remit 10% of his [[INCOME|income]] from Dn and [[SCN|Scn]] to [[HCO_WW|HCO WW]]. This permits the individual to [[RUN|run]] an individual practice or a guidance center without running an [[HAS_CO-AUDIT|HAS Co-audit]]. The HCO [[PROCESSING|Processing]] Franchise is where individual processing only would be done.
''(HCOB 12 Aug 59)''