Franchising is the practice of leasing for a prescribed period of time the right to use a firm`s successful business model and brand. The word `franchise` is of Anglo-French derivation—from franc, meaning free—and is used both as a noun and as a (transitive) verb. For the franchiser, the franchise is an alternative to building `chain store...
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http://en.wikipedia.org/wiki/Franchising
• (p. pr. & vb. n.) of Franchise
Found on
http://thinkexist.com/dictionary/meaning/franchising/
Provision of a specialized sales or service strategy, support assistance, and possibly an initial investment in the franchise in exchange for periodic fees.
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http://www.duke.edu/~charvey/Classes/wpg/bfglosf.htm
Business format franchising consists of selling a package of marketing experience and other business assistance to franchisees, who set up a business using the trade marks or service marks and the general get up of the franchiser. The franchisee will typically have a territory within which to sell the goods or services. Franchising benefits form an...
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http://www.encyclo.co.uk/local/20456
Commercial agreements allowing one business to deal in a system or product controlled by another, eg most car manufacturers give franchises to sell their cars to local garages who then operate using the manufacturer's name and corporate brands.
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http://www.encyclo.co.uk/local/20546
NHS franchising involves identifying the top NHS managers and appointing them to the 'biggest challenges', whether failing trusts, key modernisation initiatives, or strategic health authorities. The 'franchise' bid for a top job will involve the management team - from the private, voluntary or public sector - producing a business plan and operation...
Found on
https://www.encyclo.co.uk/local/20141
The selling of a licence by the owner (franchisor) to a third party (franchisee) permitting the sale of a product or service for a specified period. In business format franchising the agreement will involve a common brand and marketing format.
Found on
https://www.encyclo.co.uk/local/20161
commercial agreements that allow one business to deal in a product or service controlled by another. For example, most car manufacturers give franchises to sell their cars to local garages, who then operate using the manufacturer's brand.
Found on
https://www.encyclo.co.uk/local/20914
A continuing relationship in which the franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing, and managing in return for a consideration. Franchising is a form of business by which the owner (franchisor) of a product, service, or method obtains distribution ...
Found on
https://www.encyclo.co.uk/local/21181
No exact match found.
