Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,781,676,211 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

franchise
(redirected from Franchize)

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
franchise
1. An agreement between a firm and another party in which the firm provides the other party with the right to use the firm's name and to sell or rent its products. Selling franchise rights is a method of expanding a business quickly with a minimum of capital. See also franchisee, franchisor.
2. A right granted to another party by a government to engage in certain types of business. For example, a firm may obtain a government franchise to supply certain public services within a limited geographic region.

Franchise
An agreement in which an entrepreneur buys a license to use another business' products, brand, proprietary knowledge, and trade secrets. This allows the entrepreneur to start a business without building up his/her own brand or products. This is a common way to start a business, especially in highly competitive industries. An industry that utilizes franchises on a regular basis is fast food; because of stiff competition, it is generally more profitable for one who wishes to start a fast food restaurant to buy a franchise.

franchise

(1) A contractual relationship whereby one party (franchisee) is entitled to use the trade name, image, procedures, and trade secrets of another (franchisor) usually in return for paying an initial purchase price and a percentage of gross revenues over the period of the arrangement. In most instances,there is a separate fee for the franchisee's share of national and regional advertising campaigns. Real estate franchises include Century 21, RE/MAX, and ERA. (2) A government grant of some privilege, such as the ability to operate as a corporation or the ability to sell drinks and sandwiches in the county courthouse.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Best r&b soul or rap dance cut: ``Lean Wit It, Rock Wit It,'' Dem Franchize Boyz featuring Lil Peanut & Charlay; ``Give It Up to Me,'' Sean Paul; ``Chicken Noodle Soup,'' Webstar & Young B featuring the Voice of Harlem; ``It's Goin' Down,'' Yung Joc.
Blige The Breakthrough Matriarch/ Geffen 3 1 Barry Manilow The Greatest Songs Arista of the Fifties 4 3 Andrea Bocelli Amore Sugar/Decca 5 new Dem Franchize Boyz On Top of Our Game So So Def Week ended Feb.
Newsletter and specialized information publishers who are looking to expand their franchize (and solidify their reputation) by publishing a book would do well to note that it's estimated that 500,000 writers submit work to publishers annually.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.