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A type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchisor) proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the busi... More »


Franchising is the practice of the right to use a firm's business model and brand for a prescribed period of time. 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, the franchise is an alternative to building "chain stores" to ..... articles dictate the form and content of the franchise agreement and define ...


Franchise definition, a privilege of a public nature conferred on an individual, group, or company by a government: a franchise to operate a bus system.


Define franchise: the right to sell a company's goods or services in a particular area; also : a business that is given such… — franchise in a sentence.


In the 1930s, Howard Johnson Restaurants skyrocketed in popularity, paving the way for restaurant chains and the subsequent franchises that would define the ...


A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. The franchising company, or ...


Definition of franchising: Arrangement where one party (the franchiser) grants ... The franchisee usually pays a one-time franchise fee plus a percentage of sales  ...


franchise definition, meaning, what is franchise: a right to sell a company's products in a particular area using the company's name: . Learn more.


an authorization granted by a government or company to an... Meaning, pronunciation, example sentences, and more from Oxford Dictionaries.


Definition: A continuing relationship in which a franchisor provides a ... Just what is a franchise--and how do you know if you're cut out to be a franchisee?