franchise
- noun fran·chise ˈfran-ˌchīz plural franchises 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 ...
- verb franchised; franchising transitive verb 1 : to grant a franchise to ...
- Podcast Theme music by Joshua Stamper ©2006 New Jerusalem Music/ASCAP Get Word of the Day delivered to your inbox! Dictionary Entries Near franchise franchisal ...
Full Answer
What does a franchisee receive?
What happens if a cable franchisee does not take up the opportunity of providing the cabling and the aerials?
Is there a guarantee that the new franchisees will be willing to accept the financial burden necessary to provide us?
Can franchisees use trade name?
Can car park restrictions be imposed through franchise?
Do franchisees have to participate in franchise agreements?
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What are the 4 types of franchising?
The four types of franchise business you can invest inJob or operator franchise. These owner operator franchises are usually home based, which keeps overheads down to a minimum. ... Management franchise. ... Retail and fast food franchises. ... Investment franchise.
What does franchise mean in simple terms?
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.
Which is correct franchise or franchisee?
The franchisor is the original or existing business that sells the right to use its name and idea. The franchisee is the individual who buys into the original company by purchasing the right to sell the franchisor's goods or services under the existing business model and trademark.
Who does franchise mean?
Put simply, a franchise is the right or licence granted by a company (franchisor) to an individual (franchisee) to market and/or trade products and services in a specific area or territory.
What is the main purpose of franchising?
Franchising allows bigger businesses to branch out and grow while giving people the opportunity to run their own business with the help and support of a larger company that has a proven formula for success.
How do franchise work?
In franchising, a franchise owner partners with a corporate brand to open a business under the brand's umbrella. The franchisee owns and operates that location using the franchisor's brand name, logo, products, services and other assets.
Is McDonald's franchised?
McDonald's is an equal opportunity franchisor by choice. We seek individuals who are capable of operating multiple locations. Candidates who have successfully operated multiple businesses may be suited to operating several McDonald's franchises.
Is KFC a franchise?
KFC Franchise is owned by Yum! brands, global franchisor whose 3 restaurant brands, Pizza Hut, Taco Bell and KFC, are amongst the largest and most well-known franchises in the world. They are leaders in their respective industries - Pizza, Mexican and chicken. Yum!
Can a franchise owner be fired?
While franchisees are not technically employees of a franchise brand, they can be “fired” by franchisors, who reserve the right to terminate their contract “for cause.” This involves ending the relationship based upon a default under the franchise agreement.
What type of business is a franchise?
A franchise is a type of business that is operated by an individual(s) known as a franchisee using the trademark, branding and business model of a franchisor. In this business model, there is a legal and commercial relationship between the owner of the company (the franchisor) and the individual (the franchisee).
What makes a company a franchise?
A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.
Is a franchise a company or a business?
A franchise is a business in which an established business owner – known as the 'franchisor' – sells the rights to use their company name, trademarks and business model to independent operators, called 'franchisees'.
Is McDonald's franchised?
McDonald's is an equal opportunity franchisor by choice. We seek individuals who are capable of operating multiple locations. Candidates who have successfully operated multiple businesses may be suited to operating several McDonald's franchises.
What does franchise mean in government?
noun. the franchise the right to vote, esp for representatives in a legislative body; suffrage.
How do you use the word franchise in a sentence?
Franchise sentence example. The franchise is somewhat wider than the parliamentary. The franchise was extended to the towns. In the third Duma, elected on a restricted franchise, the Octobrists assumed the leading role.
Is Walmart a franchise?
Unfortunately, you cannot buy a Walmart as of 2022. Walmart is made up of various shareholders which makes Walmart not able to be a franchise. The Walton family still owns over 50% of the company through Walton Enterprises LLC and the Walton Family Holdings Trust.
Franchisee Definition & Meaning - Merriam-Webster
The meaning of FRANCHISEE is one granted a franchise. Recent Examples on the Web According to the Cincinnati Business Courier, the restaurant and bar is slated to open in November under franchisee Koray Baysal, who will open the two additional locations. — Emily Deletter, The Enquirer, 29 Sep. 2022 In a typical franchise model, wages, hours, and labor conditions are often left to the ...
Franchiser Definition & Meaning - Merriam-Webster
The meaning of FRANCHISER is franchisee. Recent Examples on the Web The degree of control a franchiser exerts over its franchisees varies from company to company, and some franchisees have found a way to make franchising profitable (usually by scaling up). — Timothy Noah, The New Republic, 7 Feb. 2022 Planet Fitness, a Hampton, N.H., operator and franchiser of fitness centers, ended 2021 ...
What Is a Franchise, and How Does It Work? - Investopedia
Franchise: A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchiser) proprietary knowledge, processes, and trademarks in ...
Examples of franchisee in a Sentence
Recent Examples on the Web Neil Patel is the franchisee of the new Hoover location, and Austin Seals is the general manager. — William Thornton | [email protected], al, 10 Feb. 2022 Mark Dawejko used to be the franchisee of that Gus’s outlet. — Washington Post, 1 Nov. 2021
Legal Definition of franchisee
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franchise ( Finnish)
IPA: /ˈfrænt͡ʃais/; final "e" becomes audible in the inflected forms and is pronounced as (Finnish and IPA) "i" in singular forms as well as in nominative plural and "e" in other plural forms. Otherwise the case suffixes are pronounced as in ordinary Finnish words.
franchise ( French)
From Middle French, from Old French franchise ("freedom, privileged liberty"), from franc ("free") + -ise (from Latin -itia ).
Info
WordSense - English dictionary containing information about the meaning, the spelling, the pronunciation, synonyms, anagrams, translations and more.We answer the questions: What does franchise mean? How do you spell franchise?
License
This article is distributed under the terms of this license . WordSense is a fork of Wiktionary. The list of authors can be seen on Wiktionary in the page history . The article was edited and supplemented.
What does a franchisee receive?
The franchisee receives the protection and active support of a sound and profitable business organization.
What happens if a cable franchisee does not take up the opportunity of providing the cabling and the aerials?
If the cable franchisee does not take up that opportunity of providing the cabling and the aerials, then a licence would be granted.
Is there a guarantee that the new franchisees will be willing to accept the financial burden necessary to provide us?
There is no guarantee that the new franchisees will be willing to accept the financial burden necessary to provide us with advanced trains.
Can franchisees use trade name?
In some schemes the members may be franchisees, with a right to use, for example, the scheme's trade name or design.
Can car park restrictions be imposed through franchise?
Where stations are being managed by franchisees, any restrictions on car park charges could be imposed through the franchise contract.
Do franchisees have to participate in franchise agreements?
Franchisees will then be required to participate in accordance with their franchise agreement.
What is the meaning of spelling?
Essentially, spelling is the forming of words or letters in the correct, accepted order. It boils down to a series of letters that make up a word. Being able to spell words correctly is not this magical force or superpower. Anyone can learn to be a better speller if you learn these basic rules to guide English spelling.
What does spelling mean?
Essentially, spelling is the forming of words or letters in the correct, accepted order. It boils down to a series of letters that make up a word.
How to improve spelling without memorizing?
By keeping a few hints in mind, you can improve your spelling without having to memorize a ton of rules. • Start by sounding out the words. Not every word is spelled how it sounds, but the phonetic respelling will give you a good start. • Remember the old saying, “I before E except after C.”.
How can I improve my spelling?
In sum, the best way to improve your spelling? Practice, read, and write often. You could also try Writer! Start a free trial today and keep your spelling game sharp with the power of an AI writing assistant.
Is spelling a skill?
Spelling is a fundamental skill, but it takes time and practice to get the rules right. Even then, some words are just trickier than others and are often misspelled. People often have the same natural tendencies toward making similar spelling mistakes.
Do British and American spellings differ?
British and American spellings of words often follow different spelling rules, so you’ll need to be sure to follow the rules of whichever you use.
Is it hard to spell the same word?
Not everyone struggles with the spelling of the same words or even makes the same type of spelling mistakes. However, some words in general are just more difficult for people to spell. Not everyone struggles with the spelling of the same words or even makes the same type of spelling mistakes. However, some words in general are just more difficult ...
What does a franchisee receive?
The franchisee receives the protection and active support of a sound and profitable business organization.
What happens if a cable franchisee does not take up the opportunity of providing the cabling and the aerials?
If the cable franchisee does not take up that opportunity of providing the cabling and the aerials, then a licence would be granted.
Is there a guarantee that the new franchisees will be willing to accept the financial burden necessary to provide us?
There is no guarantee that the new franchisees will be willing to accept the financial burden necessary to provide us with advanced trains.
Can franchisees use trade name?
In some schemes the members may be franchisees, with a right to use, for example, the scheme's trade name or design.
Can car park restrictions be imposed through franchise?
Where stations are being managed by franchisees, any restrictions on car park charges could be imposed through the franchise contract.
Do franchisees have to participate in franchise agreements?
Franchisees will then be required to participate in accordance with their franchise agreement.
