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1. Dictionary

   franchise

   /ˈfran(t)ʃʌɪz/

   noun

   • 1. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products: "Toyota granted the group a franchise" Similar warrantcharterlicencepermitauthorizationpermissionsanctionconcessionprivilegeprerogativeseal of approval
   • ▪ a business or service given a franchise to operate: "fast-food franchises dot the roadside"
   • ▪ a general title or concept used for creating or marketing a series of products, typically films or television shows: "the Harry Potter franchise"
   • ▪ an authorization given by a league to own a sports team: North American "the two cities will be awarded franchises as the teams join the National League"
   • ▪ a professional sports team. informal North American
   • ▪ a star player in a team. informal North American
   • 2. the right to vote in public elections: "the franchise was limited to Estonian citizens"
   • ▪ the rights of citizenship: "the bishop's authority was deployed to extend the franchise of civilized Christian living" Similar suffragethe votethe right to votevoting rightsenfranchisementa voiceone's sayOpposite disenfranchisement

   verb

   • 1. grant a franchise to (an individual or group): "a franchised dealer"
   • ▪ grant a franchise for the sale of (goods) or the operation of (a service): "all the catering was franchised out"

   Word Origin Middle English (denoting a grant of legal immunity): from Old French, based on franc, franche ‘free’ (see frank1). franchise (sense 2 of the noun) dates from the late 18th century and franchise (sense 1 of the noun) from the 20th century.

   Scrabble Points: 17

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2. People also ask

   What are the criteria for franchisability?

   • The next criteria of franchisability is the ability to teach a system to others. To franchise, a business must generally be able to thoroughly educate a prospective franchisee in a relatively short period of time.

   Criteria for Franchisability | iFranchise Group

   www.ifranchisegroup.com/franchise-your-business/criteria-for-franchisability/

   See all results for this question

   Is franchising a good business model?

   • The National Labor Relations Board 's immediate target is franchising, the business model in which a larger “franchiser” enables a small business (the “franchisee”) to use its brand. Restaurants, hotels, healthcare companies, and dozens of other industries use this model, which makes it easier for entrepreneurs to start a small business.

   Do we all work for the federal government?

   www.washingtonexaminer.com/opinion/do-we-all-work-for-federal-government

   See all results for this question

   Is your business ready for franchising?

   • It is true that almost any business can be franchised. However, not every business can be franchised successfully. The first thing you need to do is to step back and objectively identify whether franchising is suitable for you. A business ready for franchise should be credible, sustainable, teachable, unique and profitable.

   How do I franchise my business?

   www.whichfranchise.com/franchiseYourBusiness/indepthAdvice.cfm

   See all results for this question

3. www.investopedia.com › terms › fWhat Is a Franchise, and How Does It Work? - Investopedia

   www.investopedia.com › terms › f

   • Cached

   Feb 29, 2024 · A franchise is a license that allows a franchisee to sell a product or service under a franchisor's name and brand. Learn about the advantages, disadvantages, and regulations of franchising, and see examples of popular franchises in different industries.

4. www.merriam-webster.com › dictionary › franchiseFranchise Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › franchise

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   Learn the origin, synonyms, examples, and legal implications of the word franchise, which can mean the right to vote, the right to market a company's goods or services, or a special privilege granted by the government. See also related words and articles on franchise.

5. dictionary.cambridge.org › english › franchiseFRANCHISE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › franchise

   • Cached

   Learn the meaning of franchise in business, politics and films with Cambridge Dictionary. Find out how to use franchise as a noun or a verb, and see examples of franchise in sentences.

6. Videos

   • 

     investopedia.com

     What Is a Franchise, and How Does It Work?

     31 Dec 2008

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     2:42

     youtube.com

     What is Franchising

     6 Jan 2020

     236.5K views

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     youtube.com

     What is a franchise?

     1 Dec 2016

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7. www.franchiseclues.com › franchise-101 › what-is-aWhat Is A Franchise? How Does it Work?

   www.franchiseclues.com › franchise-101 › what-is-a

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   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 support structure in exchange for a fee. Learn about the basics, regulations, types, and advantages and disadvantages of franchising.

8. www.franchise.org › faqs › basicsFranchising Definition & Meaning | Franchise Business Format

   www.franchise.org › faqs › basics

   • Cached

   A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding ...

9. marketbusinessnews.com › financial-glossaryWhat is franchising? Definition and examples - Market ...

   marketbusinessnews.com › financial-glossary

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   Franchising is an arrangement in which the franchisor gives the franchisee the right to distribute and sell the franchisor’s goods or services and use its business name and model. Learn about the different types of franchising, the pros and cons for both parties, and the best franchises to buy and own.

10. www.investopedia.com › terms › fFranchisee: Definition, Examples, Benefits, and Responsibilities

    www.investopedia.com › terms › f

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    Aug 18, 2023 · A franchisee is an independent business owner who operates a third-party retail outlet of a branded chain. Learn how a franchisee pays a fee to the franchisor, receives guidance and support, and follows the same standards as the parent company.