Franchise meaning

The word " franchise " is of Anglo-French derivation—from franc, meaning free— and is used both as a noun and as a (transitive) verb. For the franchisor, use of a. Meaning, pronunciation, translations and. In a business format franchise, the franchisor provides to the franchisee not just its. An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting.

Definition of franchising : Arrangement where one party (the franchiser) grants another party (the franchisee ) the right to use its trademark or trade-name as well.

Definition : A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing. SemelhantesTraduzir esta páginaA franchise is a right granted by a government or corporation to an individual or group of individuals.

Franchising is a marketing strategy for business. One of the most important government-issued rights — so. Can we find and add a quotation of Chaucer to this entry?

A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger. Read the full meaning.

The franchise fee may be an upfront payment by the franchisee to the franchisor, an ongoing fee (e.g. an agreed percentage of revenue or profit).

The franchisee is the entrepreneur that is going to buy the franchise from the larger company, also known as the franchisor. When a franchisee buys a franchise. The five major types of franchises are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

When you hear the word “ franchise ” you probably think of fast food restaurants. Upgrade your knowledge about franchise with. So, what is the definition of a franchise ? Knowledge is power! Definition of franchise : A form of business organization in which a firm which already has a successful product or service (the franchisor) enters into.

A franchise business is a business in which the owners, or "franchisors", sell the rights to their business logo, name, and model to third party. A privilege or right granted by law, especially the right to vote in the election of public officials. This type of franchise is when the franchisor gives the rights to trademarks, trade names, business process and the system in order for the.

Definition in English: an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. Synonyms for franchise at Thesaurus.

FRANCHISEE (noun) meaning, pronunciation and more by Macmillan. SEE DEFINITION OF franchise. Next : frankPrevious : franc. Bangla Academy Dictionary: Nearby Words.

Definition of International franchising : A system based on the licensing of the right to duplicate a successful business format in foreign markets.

Also find spoken pronunciation of franchise. You may find it easier to secure finance for a franchise. It may cost less to buy.