Oct 11, 2025 · What Is a Franchise? A franchise is a business model where the owner licenses operations, products, branding, and knowledge for a fee.

Franchising is a business practice where a company licenses its business model to another company, or more precisely, where the franchisor licenses some or all of its knowhow, …

A franchise is a business agreement in which a business (franchisor) grants another person or business (franchisee) the right to use its trademark brand and business systems in exchange …

The meaning of FRANCHISE is the right or license granted to an individual or group to market a company's goods or services in a particular territory; also : a business granted such a right or …

Nov 7, 2023 · A franchise is a business arrangement where one party, the franchisor, grants another party, the franchisee, the rights to use its brand, business model, and proprietary …

Franchising is a method for expanding a business and distributing goods and services through a licensing relationship.

Simply, a franchise is the right or license granted by a company (the franchisor) to an individual or group (the franchisee) to market its products or services in a specific territory or area.

Apr 9, 2025 · A franchise is a packaged business model that an entrepreneur, the franchisee, licenses from a brand owner, the franchisor.

The idea of franchising is to use the business concept of the global hotel company, the franchisor, by the 'local' property, the franchisee. The goal, in other words, is to ensure that the franchises …

Jun 24, 2024 · A franchise is a business model in which a parent company, or licensor, grants permission to a licensee to share its business concept. The resulting business, a franchise, …