Franchise Catering Definition

The catering definition refers to services that may offer food to small groups private dinners large banquets and even schools and prisons.

Franchise catering definition. They may also serve the food for clients. A franchise is the right to use the brand and the business model of a specific parent company for a prescribed period of time. The others are company owned units or a combination of company owned and franchised units. As it relates to business merriam webster defines a franchise as.

A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. Definition of a franchise business. Catering is the business of providing food service at a remote site or a site such as a hotel hospital pub aircraft cruise ship park filming site or studio entertainment site or event venue. It is a method for expanding a business and distributing products and services through a licensing relationship.

A franchise is a license that a party franchisee purchases that allows them access to use a business s franchisor proprietary knowledge processes and trademarks to sell products or provide. What is the meaning definition of hotel franchise in the hospitality industry. 1 the franchisee will obtain the right to operate a business that is identified or associated with the franchisor s trademark or to offer sell or distribute. The right or license granted to an individual or group to market a company s goods or services in a particular territory while a good definition it doesn t exactly touch on many of the nuances involved in franchising.

The franchising company or. Franchising is one of three business strategies a company may use in capturing market share.