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franchising

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.03 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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Franchising is a powerful business strategy that has made some people unimaginably rich Many business owners dream of turning their business into a massive international franchise, but needless to say that is a very difficult thing to do Franchising is a powerful business strategy that has made some people unimaginably rich.
In response to this need, the association launched a new grassroots initiative this spring to bolster the franchising industry's advocacy efforts and ensure its voice is heard on key legislative and regulatory issues.
Looking into the franchisors history is a good idea also, finding out how long they have been franchising and how many franchisees they have had in the past 5 years that have left the system will let you know whether it is a system that works or not.
 
 
 
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