Franchising
Franchising
Glossary of business
Definition of franchising
A franchise is a type of business organisation where the owner buys into an existing business idea but they keep control over the business. Franchising is therefore the process of expanding your business by offering business franchises. For the right to use your business name, idea and products the franchisee will pay a franchise fee and usually a royalty.
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Terminology about business
Job world
Definition and meaning of franchising
Meaning of franchising
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