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A franchise company is a company that through franchise- in order to grow the company has a franchise stategy meaning they allow independent 3rd parties to use their brand and strategy assuming they follow the protocols of the Franchising co. for ex - you can open up a Mcdonalds not owned by Mcdonalds and you have to pay fees as per the franchise agreement. Just like ClickTecs in Mississauga, Ontario Canada is a franchise marketing company, marketing franchise businesses online. They are running up with a great business. They are holding big giants such as Ford, a franchise blog is running by ClickTecs.

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Q: What is the definition of a franchise company?
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Can you explain the definition of francise?

The exact definition of franchise is the license or right granted by a company to a group or individual to market its services or products in a specific region. Meaning you have to receive permission, and usually pay a franchise right yearly, to operate with them.


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Lets see...A franchise is as defined: "the right or license granted by a company to an individual or group to market its products or services in a specific territory." So it would be an opprotunity to have this "franchise" you would like to start running


Is Christaan Dior a franchise company?

Yes, Christaan Dior is a franchise company.


What is the concept of a franchise company?

The concept of a franchise company is the idea of taking an already successful business model, and applying it in a variety of locations. An example of a successful franchise company would be McDonald's.


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In order to franchise a company, you must contact the company and inquire about franchise opportunities. Then you will find out the specific requirements for owning the franchise.


Is Minecraft a franchise?

No, Minecraft is not a franchise, it is a game. The company which develops Minecraft, Mojang, is a private limited company.


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You would franchise a company by starting a company and then building it up. You could expand it by adding space and employees, along with building your customer base.


Can a company buy a license and franchise from another company?

No! Haha


Who owns a franchise?

A Franchise is a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area, and consists of a Franchisor, and a Franchisee, whereas the Franchiser is the company which or person who grants franchises, and the Franchisee is someone who holds a Franchise.


Is Panera Bread a franchise?

There are company-owned Panera Bread's and franchise owned. The Panera franchise is owned by Al Covelli.


How much does a Chipotle franchise cost?

Chipotle does not franchise. Their stores are all company owned.


Can a felon own a franchise?

Short answer yes, long answer is it depends upon the contract with the franchise company.