What is the definition of a business franchise?

Answer In simple terms, a business franchise is the way a company is able to distribute services or products through independent, third-party operators. The independent operator conducts their business by... Read More »

Top Q&A For: What is the definition of a business franchise

Definition of Franchise Business?

Franchising operations in the U. S. account for about $1 trillion in revenue annually. A company (the franchiser), almost always a corporation with one or more successful brands, grants an independ... Read More »

What is a franchise business?

A franchise business is a method of expanding in which the owner grants a second party or franchisor permission to use his business model in a new location so long as specific requirements are met.... Read More »

What is an advantage of a business franchise?

Franchised businesses are the one of the most popular form of small businesses in operation. According to, it was estimated that one out of every 12 businesses in the United States... Read More »

How to Buy a Franchise Business?

Once you've narrowed down the list of franchises you are seriously considering, you will begin a very detailed process of assessing each for possible purchase. A good franchisor should have a thoro... Read More »