A franchise is formed when a company sells limited rights to a third party. This third party has rights to use a brand name and sell patented, trademarked, or otherwise protected products or services. In exchange, they will owe a portion of profits to the parent corporation.
it has been formed by a firm and another party
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
The plural of franchise can be either franchise or franchises.
franchise
Can you franchise lubys
it has been formed by a firm and another party
In 1996 after owner Art Modell moved the Browns franchise to Baltimore.
The New York Rangers were purchased in 1926 as an expansion franchise.
Corporations formed huge new conglomerates and franchises and became successful.
The Boston Celtics officially became a team in 1946 and was formed by Walter A. Brown.
The Baltimore Ravens were formed in 1996. The team was established when the NFL granted an expansion franchise to Baltimore, following the departure of the previous team, the Baltimore Colts, in 1984. The Ravens began play in the 1996 NFL season and have since become a successful franchise, winning two Super Bowl titles.
The Toronto Argonauts were formed in 1873, which makes them the oldest football franchise in North America. They are a much older franchise than the Chicago/St. Louis/Phoenix/Arizona Cardinals, and the franchise has always been located in Toronto. The football team was formed by the Argonaut Rowing Club, originally in order to keep its rowers in shape during the off season. Eventually it became a very lucrative source of revenue for the Argonaut Rowing Club, which owned the team until the 1950s or 60s.
Philadelphia Quakers of 1883The Philadelphia Phillies franchise started in 1883 as the Quakers.
By control I will assume you mean who runs a Franchise. The Franchise owner controls the franchise. The Franchise owner is controlled by the Franchise Contract.
Boost Juice, a fruit juice company, was formed in 2000. It began in Adelaide, South Australia. It now has many stores located in Australia and is the fastest growing franchise in Australia.
Crush 40 was officially formed in 1997. However they did not release any official albums until the year 2000. The band had begun with the Sega company and the franchise Sonic the Hedgehog.
its a franchise