Franchise Retailer Definition

Where implemented a franchisor licenses its know how procedures intellectual property use of its business model brand and rights to sell its branded products and services to a franchisee in return the franchisee pays certain fees and agrees to comply with certain.

Franchise retailer definition. A special privilege given by government to a. A privilege or right granted by law especially the right to vote in the election of public officials. Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion.