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Franchise" is an agreement between two parties which allows one party i.e. the franchisee, to market product or services using the trademark and operating methods of the other party i.e. the franchisor.
Joesph Kling
Wiki User
∙ 8y agoFranchising refers to the methods of practicing and using another person's philosophy of business. The franchisorgrants the independent operator the right to distribute its products, techniques, and trademarks for a percentage of gross monthly sales and a royalty fee. Various tangibles and intangibles such as national or international advertising, training, and other support services are commonly made available by the franchisor. Agreements typically last from five to thirty years, with premature cancellations or terminations of most contracts bearing serious consequences for franchisees.
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How franchising effects the modern businesses?
effect of franchising
What is the Tagalog word for franchising?
Tagalog word for franchising: pagpaprangkisya
What are disadvantages of franchising?
Franchiser
What is hybrid franchising?
Hybrid franchising is the process of taking a traditional franchising concept and applying state-of-the art business practices, technology and real time market conditions to enhance and or improve on a previous franchise process.
What are different types of franchising?
A few types of franchising are trade name franchise, pure franchise, and a product distribution franchise.
How franchising effects the modern businesses?
effect of franchising
What is the Tagalog word for franchising?
Tagalog word for franchising: pagpaprangkisya
Who started hotel franchising in 1907?
Ritz Carlton started hotel franchising.
How can you use franchising in a sentence?
At the concert, I opened up a franchising booth. Hope this helps! :D
When did Director of Passenger Rail Franchising end?
Director of Passenger Rail Franchising ended in 2001.
When was Director of Passenger Rail Franchising created?
Director of Passenger Rail Franchising was created in 1993.
Why is franchising attractive to some people?
Franchising requires capital, not any development of know-how or a brand.
What has the author Jim Forward written?
Jim Forward has written: 'Large firms and franchising' 'Issues in franchising'
What are disadvantages of franchising?
Franchiser
Can a franchising consultant help me find an existing franchise to purchase?
Yes, a franchising consultant can help you to find an existing franchise to purchase. Franchising consultants have much expertise in this area and can be a very helpful source.
What is hybrid franchising?
Hybrid franchising is the process of taking a traditional franchising concept and applying state-of-the art business practices, technology and real time market conditions to enhance and or improve on a previous franchise process.
What are different types of franchising?
A few types of franchising are trade name franchise, pure franchise, and a product distribution franchise.
