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Definitions from the Web

Franchise

Definition:

A franchise refers to a legal and commercial relationship between the owner of a trademark, brand, or business model (the franchisor) and an individual or company (the franchisee) who is given the right to operate a business using the franchisor's established brand.

Examples:

As a noun:

1. The fast-food chain offered franchising opportunities to potential entrepreneurs.
2. She decided to invest in a franchise, hoping to benefit from the well-known brand and support system.

As a verb:

1. The company plans to franchise their successful business model to expand nationally.
2. If you decide to franchize your business, ensure you establish clear guidelines and support for your franchisees.

Possible Related Products on Amazon:

• Franchise Business Books
• Franchise Opportunities
• Franchise Management Guides