Franchising is the practice of the right to use a firm's business model and brand
for a prescribed ... As he explained to them, they could increase profits by paying
less for their purchases, es...
Buying a franchise is one option for someone looking to start his own small
business. With a franchise, you follow established procedures that have proven
to be ...
A franchise is the agreement or license between two legally independent parties
which gives: • a person or group of people (franchisee) the right to market a ...
Definition of franchise: A form of business organization in which a firm which
already has a successful product or service (the franchisor) enters into...
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 of franchisee: One who purchases a franchise. The franchisee then
runs that location of the purchased business. He or she is responsible for certain
Franchising is a long-term cooperative relationship between two entities—a
franchisor and one or more franchisees—that is based on an agreement in which
Other franchisees share with you the responsibility for quality, consistency,
convenience, and other factors that define your franchise and insures repeat ...
Many of the stores and restaurants that you see every day are franchises. But, the
answer is a little more complicated than that.
In the 1930s, Howard Johnson Restaurants skyrocketed in popularity, paving the
way for restaurant chains and the subsequent franchises that would define the ...