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franchise |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
franchise Noun 1. the right to vote, esp. for a member of parliament 2. any exemption, privilege, or right granted by a public authority 3. Commerce authorization granted to a distributor to sell a company's goods Verb [-chising, -chised] Commerce chiefly US & Canad to grant (a person, firm, etc.) a franchise [Old French franchir to set free] franchise 1. a condition of freedom. See also: Freedom
2. a right or privilege, especially the right to vote. ThesaurusLegend: Synonyms Related Words Antonyms
franchise |
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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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