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franchising

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
fran·chise  (frnchz)
n.
1. A privilege or right officially granted a person or a group by a government, especially:
a. The constitutional or statutory right to vote.
b. The establishment of a corporation's existence.
c. The granting of certain rights and powers to a corporation.
d. Legal immunity from servitude, certain burdens, or other restrictions.
2.
a. Authorization granted to someone to sell or distribute a company's goods or services in a certain area.
b. A business or group of businesses established or operated under such authorization.
c. A brand name under which a series of products is released.
3. The territory or limits within which immunity, a privilege, or a right may be exercised.
4. A professional sports team.
tr.v. fran·chised, fran·chis·ing, fran·chis·es
To grant a franchise to.

[Middle English fraunchise, from Old French franchise, from franche, feminine of franc, free, exempt; see frank1.]
Translations
franchising [ˈfræntʃaɪzɪŋ] Nfranquiciamiento m


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The Nemos Seafood owners are discovering that franchising their business has tremendous advantages, from expanding with minimal capital investment--since franchisees provide the initial investment--to competing more effectively against much larger competitors.
We also consider the number of years in business, the length of time franchising, start-up costs, litigation, percentage of terminations and whether the company provides financing.
One would expect these two phenomena to converge, that the growth of women entrepreneurs and franchising would result in more women-owned franchise businesses.
 
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