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franchise
(redirected from franchisers)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.06 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.

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The product is designed for small to medium-size firms and their employees in the business-services industry, including market researchers, loss-control specialists, franchisers, contest managers, advertising and public-relations firms, third-party administrators, temporary staffing firms and trustees.
Franchisers are ranked by number of franchised locations companywide and number of company-owned locations companywide, respectively.
Being named among the top franchisers in the world is a fantastic way to kick-off our 50th anniversary celebration," said Gabi Mashal, president of Al & Ed's Autosound.
 
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