Franchise Definition

Franchise definition is the right or license granted to an individual or group to market a company s goods or services in a particular territory.

Franchise definition. The definition of a franchise varies significantly under the laws in various states and may include other definitional elements including but not limited to the franchisor providing a marketing plan or maintaining a community of interest with the franchisee. Franchising a business method that involves licensing of trademarks and methods of doing business to franchisees. In this contact the franchisee pays the franchiser for the right to use the licensed material. In other words a franchise is the right to produce a licensed product by the owner of the license.

A privilege or right granted by law especially the right to vote in the election of public officials. 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. Franchise definition a privilege of a public nature conferred on an individual group or company by a government. Meaning pronunciation translations and examples.

A franchise is the license to make or sell a product under certain conditions granted by the owner of these rights. A franchise to operate a bus system. Pengertian franchise sebagai salah seorang pelaku bisnis franchise istilah franchise adalah salah satu istilah yang sangat sering saya dengan di kantor. Franchise a privilege to operate a type of business such as a cable television provider public utility or taxicab company sometimes requiring the filing of tariff schedules as in.

How to use franchise in a sentence. A special privilege given by government to a. Television franchise a right to operate a television network. Bagi para franchisor maupun franchisee tentu memahami pengertian franchise adalah salah satu kewajiban yang harus dipenuhi terlebih dahulu.

A right to sell a company s products in a particular area using the company s name. A business granted such a right or license.