Keyword Analysis & Research: franchise definition
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Franchise Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/franchise
1. a (1) : the right or license granted to an individual or group to market a company's goods or services in a particular territory. also : a business granted such a right or license. just opened a …
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What Is a Franchise, and How Does It Work? - Investopedia
https://www.investopedia.com/terms/f/franchise.asp
Feb 29, 2024 · A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee. The franchisor is the business that grants...
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FRANCHISE | English meaning - Cambridge Dictionary
https://dictionary.cambridge.org/dictionary/english/franchise
noun. uk / ˈfræn.tʃaɪz / us / ˈfræn.tʃaɪz / franchise noun (BUSINESS) Add to word list. [ C ] a right to sell a company's products in a particular area using the company's name: a fast-food …
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Franchising Definition & Meaning | Franchise Business Format
https://www.franchise.org/faqs/basics/what-is-a-franchise
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding ...
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Franchising - Wikipedia
https://en.wikipedia.org/wiki/Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.
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FRANCHISE Definition & Usage Examples | Dictionary.com
https://www.dictionary.com/browse/franchise
noun. a privilege of a public nature conferred on an individual, group, or company by a government: a franchise to operate a bus system. the right or license granted by a company to an individual or group to market its products or services in a specific territory. a store, restaurant, or other business operating under such a license.
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Franchise - Overview, How It Works, Requirements
https://corporatefinanceinstitute.com/resources/management/franchise/
A franchise is an agreement between two independent parties: the franchisor and the franchisee. One party (the franchisor) offers its business model, brand name, and intellectual property to another party (the franchisee) that will use the resources to start a business according to the existing system.
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Franchisee: Definition, Examples, Benefits, and Responsibilities
https://www.investopedia.com/terms/f/franchisee.asp
Aug 18, 2023 · The franchisee is the individual who purchases the right to sell the franchisor’s goods or services using its existing business model and trademark. The Franchisee/Franchisor Relationship. The...
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What Is A Franchise? How Does it Work?
https://www.franchiseclues.com/franchise-101/what-is-a-franchise
Nov 7, 2023 · A franchise is a business arrangement where one party, the franchisor, grants another party, the franchisee, the rights to use its brand, business model, and proprietary knowledge in exchange for a fee. This system allows the franchisee to operate under the brand's name, benefiting from established brand recognition, training, and ongoing support.
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FRANCHISE | definition in the Cambridge English Dictionary
https://dictionary.cambridge.org/us/dictionary/english/franchise
noun. us / ˈfræn.tʃaɪz / uk / ˈfræn.tʃaɪz / franchise noun (BUSINESS) Add to word list. [ C ] a right to sell a company's products in a particular area using the company's name: a fast-food …
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